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

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of HFXI. IFP Advisors Inc acquired a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF in the fourth quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF during the 1st quarter worth about $34,000. Kestra Advisory Services LLC acquired a new position in shares of NYLI FTSE International Equity Currency Neutral ETF in the fourth quarter valued at approximately $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 in the 4th quarter valued at $49,000. Finally, Advisory Services Network LLC bought a new stake in NYLI FTSE International Equity Currency Neutral ETF in the 3rd quarter valued at about $58,000.

NYLI FTSE International Equity Currency Neutral ETF Stock Performance

HFXI traded down $0.04 during trading on Thursday, reaching $37.01. 230,685 shares of the company’s stock were exchanged, compared to its average volume of 279,276. The company’s fifty day moving average price is $34.88 and its 200-day moving average price is $33.91. The firm has a market capitalization of $1.62 billion, a PE ratio of 15.93 and a beta of 0.70. NYLI FTSE International Equity Currency Neutral ETF has a fifty-two week low of $28.34 and a fifty-two week high of $37.87.

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.