NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Significant Decrease in Short Interest

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 48,741 shares, a decrease of 93.6% from the May 14th total of 762,928 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 349,187 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of NYLI FTSE International Equity Currency Neutral ETF

Several large investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the 4th quarter worth $25,000. GHP Investment Advisors Inc. purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the 1st quarter worth $34,000. Kestra Advisory Services LLC purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the 4th quarter worth $39,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the 4th quarter worth $49,000. Finally, Advisory Services Network LLC purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the 3rd quarter worth $58,000.

NYLI FTSE International Equity Currency Neutral ETF Trading Up 3.6%

NYSEARCA:HFXI traded up $1.32 during trading hours on Thursday, hitting $37.66. The company had a trading volume of 288,260 shares, compared to its average volume of 283,499. The company has a 50-day moving average of $36.20 and a 200 day moving average of $34.61. The company has a market cap of $1.65 billion, a P/E ratio of 15.93 and a beta of 0.70. NYLI FTSE International Equity Currency Neutral ETF has a 1 year low of $28.34 and a 1 year high of $38.11.

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.