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

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,011,122 shares, an increase of 2,388.2% from the January 15th total of 40,636 shares. Currently, 2.7% of the company’s shares are sold short. Based on an average trading volume of 187,422 shares, the days-to-cover ratio is presently 5.4 days. Based on an average trading volume of 187,422 shares, the days-to-cover ratio is presently 5.4 days. Currently, 2.7% of the company’s shares are sold short.

Institutional Trading of NYLI FTSE International Equity Currency Neutral ETF

Several hedge funds have recently made changes to their positions in HFXI. Cerity Partners LLC raised its stake in NYLI FTSE International Equity Currency Neutral ETF by 6.0% in the third quarter. Cerity Partners LLC now owns 579,821 shares of the company’s stock valued at $17,980,000 after buying an additional 32,806 shares in the last quarter. BLVD Private Wealth LLC raised its position in NYLI FTSE International Equity Currency Neutral ETF by 113.8% in the third quarter. BLVD Private Wealth LLC now owns 31,163 shares of the company’s stock worth $966,000 after acquiring an additional 16,588 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in NYLI FTSE International Equity Currency Neutral ETF by 89.2% during the third quarter. Capital Investment Advisors LLC now owns 36,461 shares of the company’s stock worth $1,131,000 after purchasing an additional 17,191 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in NYLI FTSE International Equity Currency Neutral ETF by 72.9% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 117,479 shares of the company’s stock valued at $3,462,000 after acquiring an additional 49,541 shares in the last quarter. Finally, Prosperity Financial Group Inc. increased its position in NYLI FTSE International Equity Currency Neutral ETF by 82.3% during the second quarter. Prosperity Financial Group Inc. now owns 71,040 shares of the company’s stock worth $2,094,000 after buying an additional 32,064 shares in the last quarter.

NYLI FTSE International Equity Currency Neutral ETF Price Performance

NYSEARCA HFXI opened at $35.51 on Wednesday. The stock has a market capitalization of $1.35 billion, a P/E ratio of 15.93 and a beta of 0.74. The firm’s 50-day moving average is $33.39 and its two-hundred day moving average is $31.93. NYLI FTSE International Equity Currency Neutral ETF has a 12 month low of $24.28 and a 12 month high of $35.84.

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.