NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Short Interest Update

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

NYLI FTSE International Equity Currency Neutral ETF Price Performance

Shares of HFXI traded down $0.43 during mid-day trading on Friday, reaching $37.63. The company had a trading volume of 154,935 shares, compared to its average volume of 282,157. The company has a market capitalization of $1.64 billion, a P/E ratio of 15.93 and a beta of 0.70. NYLI FTSE International Equity Currency Neutral ETF has a twelve month low of $29.00 and a twelve month high of $38.74. The company’s 50-day moving average is $36.98 and its 200-day moving average is $35.11.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. IFP Advisors Inc acquired a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF during the 4th quarter worth about $25,000. GHP Investment Advisors Inc. bought a new stake in 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 during the fourth quarter worth approximately $39,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF during the fourth quarter worth approximately $49,000. Finally, Advisory Services Network LLC bought a new position in shares of 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.