NYLI MacKay High Income ETF (NYSEARCA:IQHI – Get Free Report) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 107 shares, a decline of 90.7% from the April 15th total of 1,154 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,585 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Trading of NYLI MacKay High Income ETF
A hedge fund recently raised its stake in NYLI MacKay High Income ETF stock. New York Life Investment Management LLC boosted its position in NYLI MacKay High Income ETF (NYSEARCA:IQHI – Free Report) by 27.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,576,937 shares of the company’s stock after purchasing an additional 764,096 shares during the quarter. NYLI MacKay High Income ETF comprises about 0.8% of New York Life Investment Management LLC’s portfolio, making the stock its 23rd biggest holding. New York Life Investment Management LLC owned approximately 79.49% of NYLI MacKay High Income ETF worth $93,537,000 at the end of the most recent reporting period.
NYLI MacKay High Income ETF Stock Performance
IQHI traded down $0.01 during trading on Monday, hitting $25.97. The stock had a trading volume of 113 shares, compared to its average volume of 12,336. The company has a 50 day moving average price of $25.94 and a 200-day moving average price of $26.20. NYLI MacKay High Income ETF has a one year low of $25.57 and a one year high of $27.40.
NYLI MacKay High Income ETF Company Profile
The IQ MacKay ESG High Income ETF (IQHI) is an exchange-traded fund that is based on the Bloomberg VLI High Yield index. The fund is an actively managed fund that provides broad exposure to high-yield corporate bonds of various maturities from around the world that meet environmental, social, and corporate governance criteria. IQHI was launched on Oct 25, 2022 and is managed by IndexIQ.
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