NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Shares Shorted: Short Interest Down 74.3% in September

NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 98,432 shares, a drop of 74.3% from the September 15th total of 383,620 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 467,346 shares, the days-to-cover ratio is presently 0.2 days.

NYLIM FTSE International Equity Currency Neutral ETF Stock Performance

Shares of NYSEARCA HFXI traded up $0.02 during mid-day trading on Tuesday, hitting $36.79. 220,273 shares of the stock traded hands, compared to its average volume of 321,030. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 15.93 and a beta of 0.71. The stock has a fifty day moving average price of $37.81 and a 200-day moving average price of $37.04. NYLIM FTSE International Equity Currency Neutral ETF has a 52 week low of $30.93 and a 52 week high of $38.75.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HFXI. GHP Investment Advisors Inc. purchased a new stake in NYLIM FTSE International Equity Currency Neutral ETF in the first quarter worth about $34,000. Western Wealth Management LLC purchased a new position in shares of NYLIM FTSE International Equity Currency Neutral ETF during the first quarter valued at approximately $67,000. Integrated Wealth Concepts LLC purchased a new position in shares of NYLIM FTSE International Equity Currency Neutral ETF during the second quarter valued at approximately $80,000. Webster Bank N. A. bought a new stake in shares of NYLIM FTSE International Equity Currency Neutral ETF in the 1st quarter worth approximately $98,000. Finally, Fifth Third Bancorp bought a new stake in shares of NYLIM FTSE International Equity Currency Neutral ETF in the 1st quarter worth approximately $101,000.

NYLIM 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.