NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Large Increase in Short Interest

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 272,816 shares, an increase of 86.5% from the July 15th total of 146,297 shares. Based on an average daily volume of 270,050 shares, the short-interest ratio is presently 1.0 days. Currently, 0.5% of the shares of the stock are short sold.

NYLI FTSE International Equity Currency Neutral ETF Stock Down 0.1%

NYLI FTSE International Equity Currency Neutral ETF stock traded down $0.04 during trading hours on Friday, hitting $38.56. The stock had a trading volume of 233,542 shares, compared to its average volume of 288,152. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 15.93 and a beta of 0.71. NYLI FTSE International Equity Currency Neutral ETF has a one year low of $30.03 and a one year high of $38.74. The business’s 50 day simple moving average is $37.62 and its 200-day simple moving average is $36.19.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HFXI. IFP Advisors Inc bought a new stake in NYLI FTSE International Equity Currency Neutral ETF during the 4th quarter worth approximately $25,000. GHP Investment Advisors Inc. bought a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the first quarter valued at $34,000. Kestra Advisory Services LLC bought a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the fourth quarter valued at $39,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the fourth quarter worth $49,000. Finally, Advisory Services Network LLC bought a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF in the third quarter worth $58,000.

NYLI FTSE International Equity Currency Neutral ETF Company Profile

The IQ 50 Percent Hedged FTSE International ETF (HFXI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies located in developed nations outside of North America, with roughly half of its foreign currency exposure hedged to the USD. HFXI was launched on Jul 22, 2015 and is managed by IndexIQ.