Short Interest in NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Grows By 395.6%

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 241,577 shares, a growth of 395.6% from the May 31st total of 48,741 shares. Based on an average daily trading volume, of 264,651 shares, the short-interest ratio is presently 0.9 days. Approximately 0.6% of the company’s stock are sold short.

NYLI FTSE International Equity Currency Neutral ETF Stock Performance

Shares of HFXI traded down $0.43 during midday trading on Friday, hitting $37.63. The company had a trading volume of 154,935 shares, compared to its average volume of 282,157. NYLI FTSE International Equity Currency Neutral ETF has a 1 year low of $29.00 and a 1 year high of $38.74. The firm has a market capitalization of $1.64 billion, a P/E ratio of 15.93 and a beta of 0.70. The company’s 50-day simple moving average is $36.98 and its 200-day simple moving average is $35.09.

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

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

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.