NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) Short Interest Update

NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 18,774 shares, a drop of 71.6% from the July 30th total of 66,061 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 71,690 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of NYLI Hedge Multi-Strategy Tracker ETF

Several institutional investors have recently bought and sold shares of the stock. Tredje AP fonden increased its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 102.4% during the fourth quarter. Tredje AP fonden now owns 6,275,000 shares of the company’s stock worth $210,275,000 after buying an additional 3,175,000 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 1,022.9% in the 4th quarter. UMB Bank n.a. now owns 463,074 shares of the company’s stock worth $15,518,000 after acquiring an additional 421,836 shares in the last quarter. Morgan Stanley boosted its holdings in shares of NYLI Hedge Multi-Strategy Tracker ETF by 5.9% in the 4th quarter. Morgan Stanley now owns 3,419,037 shares of the company’s stock worth $114,572,000 after acquiring an additional 190,320 shares in the last quarter. UBS Group AG grew its position in NYLI Hedge Multi-Strategy Tracker ETF by 71.5% during the 3rd quarter. UBS Group AG now owns 428,017 shares of the company’s stock worth $14,394,000 after acquiring an additional 178,394 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in NYLI Hedge Multi-Strategy Tracker ETF by 49.7% during the 2nd quarter. Raymond James Financial Inc. now owns 457,776 shares of the company’s stock worth $14,795,000 after acquiring an additional 152,013 shares during the last quarter.

NYLI Hedge Multi-Strategy Tracker ETF Stock Performance

NYSEARCA QAI traded up $0.03 during trading on Thursday, reaching $36.58. 32,946 shares of the company traded hands, compared to its average volume of 93,240. NYLI Hedge Multi-Strategy Tracker ETF has a 1-year low of $32.90 and a 1-year high of $36.90. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 18.21 and a beta of 0.34. The stock’s 50 day moving average price is $36.36 and its two-hundred day moving average price is $35.61.

About NYLI Hedge Multi-Strategy Tracker ETF

The IQ Hedge Multi-Strategy Tracker ETF (QAI) is an exchange-traded fund that is based on the IQ Hedge Multi-Strategy index. The fund tracks an index that aims to emulate hedge fund returns across different strategies, primarily by holding other ETFs. QAI was launched on Mar 25, 2009 and is managed by IndexIQ.