Short Interest in NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Increases By 195.7%

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the target of a significant growth in short interest in 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. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 237,431 shares, the days-to-cover ratio is presently 1.0 days.

NYLI FTSE International Equity Currency Neutral ETF Stock Performance

Shares of HFXI stock traded down $0.04 during mid-day trading on Thursday, hitting $37.01. 230,685 shares of the stock traded hands, compared to its average volume of 279,276. NYLI FTSE International Equity Currency Neutral ETF has a twelve month low of $28.34 and a twelve month high of $37.87. The company’s 50-day simple moving average is $34.88 and its 200-day simple moving average is $33.91. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 15.93 and a beta of 0.70.

Institutional Investors Weigh In On NYLI FTSE International Equity Currency Neutral ETF

A number of large investors have recently made changes to their positions in HFXI. Lodestar Private Asset Management LLC lifted its stake in NYLI FTSE International Equity Currency Neutral ETF by 3.5% in the 4th quarter. Lodestar Private Asset Management LLC now owns 11,839 shares of the company’s stock worth $384,000 after acquiring an additional 401 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in NYLI FTSE International Equity Currency Neutral ETF by 4.5% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 11,776 shares of the company’s stock valued at $382,000 after acquiring an additional 508 shares in the last quarter. Comerica Bank increased its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 21.5% in the 3rd quarter. Comerica Bank now owns 3,012 shares of the company’s stock valued at $93,000 after purchasing an additional 532 shares during the period. Independent Wealth Network Inc. increased its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 5.8% in the 4th quarter. Independent Wealth Network Inc. now owns 11,197 shares of the company’s stock valued at $363,000 after purchasing an additional 617 shares during the period. Finally, Waterloo Capital L.P. lifted its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 0.9% in the fourth quarter. Waterloo Capital L.P. now owns 73,737 shares of the company’s stock worth $2,393,000 after purchasing an additional 658 shares in the last quarter.

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.