NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) Sees Significant Decline in Short Interest

NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 445 shares, a decline of 71.0% from the May 14th total of 1,533 shares. Based on an average daily volume of 803 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of NYLI Global Equity R&D Leaders ETF

A hedge fund recently raised its stake in NYLI Global Equity R&D Leaders ETF stock. Jane Street Group LLC boosted its stake in shares of NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND – Free Report) by 6.5% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 18,059 shares of the company’s stock after purchasing an additional 1,099 shares during the period. Jane Street Group LLC owned approximately 8.21% of NYLI Global Equity R&D Leaders ETF worth $533,000 at the end of the most recent quarter.

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NYLI Global Equity R&D Leaders ETF Price Performance

Shares of NASDAQ:WRND remained flat at $41.71 during trading on Friday. 3,493 shares of the stock were exchanged, compared to its average volume of 789. The business’s 50-day simple moving average is $40.68 and its two-hundred day simple moving average is $38.69. NYLI Global Equity R&D Leaders ETF has a fifty-two week low of $31.32 and a fifty-two week high of $43.75. The company has a market capitalization of $12.51 million, a price-to-earnings ratio of 16.77 and a beta of 1.00.

NYLI Global Equity R&D Leaders ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Tuesday, March 31st were issued a $0.0511 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 31st.

About NYLI Global Equity R&D Leaders ETF

(Get Free Report)

The IQ Global Equity R&D Leaders ETF (WRND) is an exchange-traded fund that is based on the IQ Global Equity R&D Leaders index. The fund tracks an index that seeks to provide exposure to global large- and mid-cap companies that have high research and development spending, and attractive future growth potential. WRND was launched on Feb 8, 2022 and is managed by IndexIQ.

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