NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Short Interest Update

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 230,324 shares, a growth of 195.7% from the April 15th total of 77,883 shares. Based on an average trading volume of 237,431 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the shares of the stock are sold short.

NYLI FTSE International Equity Currency Neutral ETF Stock Down 2.3%

Shares of NYLI FTSE International Equity Currency Neutral ETF stock traded down $0.85 during mid-day trading on Friday, reaching $36.16. 226,505 shares of the stock traded hands, compared to its average volume of 278,708. The business has a 50-day moving average of $34.90 and a 200 day moving average of $33.93. NYLI FTSE International Equity Currency Neutral ETF has a fifty-two week low of $28.34 and a fifty-two week high of $37.87. The stock has a market capitalization of $1.58 billion, a PE ratio of 15.93 and a beta of 0.70.

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

A number of hedge funds have recently made changes to their positions in HFXI. Morgan Stanley raised 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 valued at $143,643,000 after acquiring an additional 310,355 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 8.6% during the third quarter. Bank of America Corp DE now owns 3,001,976 shares of the company’s stock valued at $93,091,000 after acquiring an additional 237,964 shares during the last quarter. Mason & Associates Inc raised its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 48.1% during the third quarter. Mason & Associates Inc now owns 650,287 shares of the company’s stock valued at $20,165,000 after acquiring an additional 211,265 shares during the last quarter. LPL Financial LLC raised its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 12.4% during the fourth quarter. LPL Financial LLC now owns 1,480,458 shares of the company’s stock valued at $48,041,000 after acquiring an additional 163,093 shares during the last quarter. Finally, Diversify Advisory Services LLC grew its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 160.2% in the fourth quarter. Diversify Advisory Services LLC now owns 249,631 shares of the company’s stock valued at $8,500,000 after purchasing an additional 153,694 shares in the last quarter.

About NYLI FTSE International Equity Currency Neutral ETF

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.