NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Short Interest Down 85.1% in August

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 40,736 shares, a decline of 85.1% from the July 30th total of 272,816 shares. Based on an average daily volume of 250,455 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of NYLI FTSE International Equity Currency Neutral ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley grew its position in 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 boosted its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 8.6% in 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 purchasing an additional 237,964 shares in the last quarter. 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 purchasing an additional 72,831 shares during the last quarter. Mariner LLC grew its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 2.1% during the 4th quarter. Mariner LLC now owns 1,719,013 shares of the company’s stock valued at $55,783,000 after purchasing an additional 36,179 shares during the last quarter. Finally, UBS Group AG raised its position in NYLI FTSE International Equity Currency Neutral ETF by 6.5% in the 3rd quarter. UBS Group AG now owns 1,503,775 shares of the company’s stock worth $46,632,000 after purchasing an additional 91,700 shares during the period.

NYLI FTSE International Equity Currency Neutral ETF Trading Down 0.5%

Shares of HFXI traded down $0.18 during midday trading on Wednesday, reaching $38.28. The stock had a trading volume of 309,055 shares, compared to its average volume of 296,041. The company’s 50-day moving average is $37.72 and its 200 day moving average is $36.39. NYLI FTSE International Equity Currency Neutral ETF has a 12-month low of $30.03 and a 12-month high of $38.75. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 15.93 and a beta of 0.71.

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.