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

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the target of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 57,789 shares, a decline of 94.3% from the January 29th total of 1,011,122 shares. Based on an average trading volume of 352,269 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 352,269 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On NYLI FTSE International Equity Currency Neutral ETF

Large investors have recently made changes to their positions in the business. Morgan Stanley boosted its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 7.5% during the fourth quarter. Morgan Stanley now owns 4,426,596 shares of the company’s stock worth $143,643,000 after purchasing an additional 310,355 shares during the period. Bank of America Corp DE boosted its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 8.6% during the 3rd quarter. Bank of America Corp DE now owns 3,001,976 shares of the company’s stock valued at $93,091,000 after buying an additional 237,964 shares during the period. Raymond James Financial Inc. grew its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 3.5% during the 3rd quarter. Raymond James Financial Inc. now owns 2,154,288 shares of the company’s stock valued at $66,804,000 after acquiring an additional 72,831 shares in the last quarter. Mariner LLC increased its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 2.1% in the fourth quarter. Mariner LLC now owns 1,719,013 shares of the company’s stock worth $55,783,000 after acquiring an additional 36,179 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 6.5% during the third quarter. UBS Group AG now owns 1,503,775 shares of the company’s stock worth $46,632,000 after acquiring an additional 91,700 shares in the last quarter.

NYLI FTSE International Equity Currency Neutral ETF Stock Down 0.0%

Shares of HFXI traded down $0.01 during mid-day trading on Thursday, reaching $36.58. The company’s stock had a trading volume of 860,453 shares, compared to its average volume of 288,572. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 15.93 and a beta of 0.74. The business has a fifty day moving average of $34.13 and a 200 day moving average of $32.39. NYLI FTSE International Equity Currency Neutral ETF has a 1 year low of $24.28 and a 1 year high of $37.87.

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.