NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Short Interest Up 231.2% in May

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 762,928 shares, an increase of 231.2% from the April 30th total of 230,324 shares. Based on an average daily trading volume, of 246,367 shares, the short-interest ratio is currently 3.1 days. Currently, 1.7% of the company’s stock are short sold.

NYLI FTSE International Equity Currency Neutral ETF Trading Up 0.1%

Shares of NYLI FTSE International Equity Currency Neutral ETF stock traded up $0.02 during trading hours on Friday, reaching $37.74. 346,889 shares of the company’s stock were exchanged, compared to its average volume of 272,034. The company has a 50 day moving average of $35.44 and a two-hundred day moving average of $34.26. NYLI FTSE International Equity Currency Neutral ETF has a fifty-two week low of $28.34 and a fifty-two week high of $37.95. The stock has a market cap of $1.65 billion, a P/E 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 large investors have recently modified their holdings of HFXI. Royal Bank of Canada boosted its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 271.8% during the 1st quarter. Royal Bank of Canada now owns 719,888 shares of the company’s stock worth $24,174,000 after buying an additional 526,266 shares during the last quarter. Morgan Stanley raised its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 7.5% in the 4th quarter. Morgan Stanley now owns 4,426,596 shares of the company’s stock valued at $143,643,000 after purchasing an additional 310,355 shares during the period. Bank of America Corp DE raised its holdings 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 during the period. Mason & Associates Inc raised its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 48.1% in the 3rd quarter. Mason & Associates Inc now owns 650,287 shares of the company’s stock valued at $20,165,000 after purchasing an additional 211,265 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 12.4% in the 4th quarter. LPL Financial LLC now owns 1,480,458 shares of the company’s stock valued at $48,041,000 after purchasing an additional 163,093 shares during the period.

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.