NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) Short Interest Update

NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 6 shares, a decline of 98.7% from the May 31st total of 445 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 504 shares, the days-to-cover ratio is presently 0.0 days.

NYLI Global Equity R&D Leaders ETF Stock Performance

NASDAQ:WRND opened at $40.89 on Friday. The stock has a market capitalization of $12.27 million, a PE ratio of 16.77 and a beta of 1.00. NYLI Global Equity R&D Leaders ETF has a fifty-two week low of $32.35 and a fifty-two week high of $43.75. The company has a fifty day moving average of $41.60 and a two-hundred day moving average of $39.04.

NYLI Global Equity R&D Leaders ETF Cuts Dividend

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

Institutional Inflows and Outflows

An institutional investor recently raised its stake in NYLI Global Equity R&D Leaders ETF stock. Jane Street Group LLC raised its position in NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) by 6.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,059 shares of the company’s stock after buying an additional 1,099 shares during the period. Jane Street Group LLC owned about 8.21% of NYLI Global Equity R&D Leaders ETF worth $533,000 at the end of the most recent reporting period.

About NYLI Global Equity R&D Leaders ETF

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.