Short Interest in IQ Chaikin U.S. Small Cap ETF (NASDAQ:CSML) Rises By 166.7%

IQ Chaikin U.S. Small Cap ETF (NASDAQ:CSML) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 800 shares, a growth of 166.7% from the February 29th total of 300 shares. Based on an average daily trading volume, of 11,200 shares, the days-to-cover ratio is currently 0.1 days.

IQ Chaikin U.S. Small Cap ETF Trading Up 0.6 %

IQ Chaikin U.S. Small Cap ETF stock traded up $0.24 during trading hours on Friday, hitting $37.30. 2,096 shares of the stock traded hands, compared to its average volume of 11,538. IQ Chaikin U.S. Small Cap ETF has a one year low of $28.95 and a one year high of $37.30. The company has a market cap of $186.51 million, a PE ratio of 11.20 and a beta of 1.21. The firm’s 50-day moving average price is $35.89 and its two-hundred day moving average price is $33.66.

IQ Chaikin U.S. Small Cap ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 4th. Investors of record on Monday, April 1st will be given a dividend of $0.1307 per share. The ex-dividend date is Thursday, March 28th. This represents a $0.52 annualized dividend and a dividend yield of 1.40%.

Hedge Funds Weigh In On IQ Chaikin U.S. Small Cap ETF

A hedge fund recently bought a new stake in IQ Chaikin U.S. Small Cap ETF stock. JPMorgan Chase & Co. acquired a new position in IQ Chaikin U.S. Small Cap ETF (NASDAQ:CSML) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,874 shares of the company’s stock, valued at approximately $60,000.

IQ Chaikin U.S. Small Cap ETF Company Profile

The IQ Chaikin U.S. Small Cap ETF (CSML) is an exchange-traded fund that is based on the NASDAQ Chaikin Power US Small Cap index. The fund tracks an equal-weighted index of small US companies selected by value, growth, technical, and sentiment factors. CSML was launched on May 16, 2017 and is managed by IndexIQ.