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 growth in short interest during the month of July. As of July 31st, there was short interest totaling 272,816 shares, a growth of 86.5% from the July 15th total of 146,297 shares. Based on an average trading volume of 270,050 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the shares of the stock are short sold.

NYLI FTSE International Equity Currency Neutral ETF Price Performance

Shares of HFXI opened at $38.24 on Tuesday. The company has a market capitalization of $2.06 billion, a P/E ratio of 15.93 and a beta of 0.71. NYLI FTSE International Equity Currency Neutral ETF has a one year low of $30.03 and a one year high of $38.75. The business’s 50 day simple moving average is $37.65 and its 200-day simple moving average is $36.24.

Hedge Funds Weigh In On NYLI FTSE International Equity Currency Neutral ETF

A number of institutional investors and hedge funds have recently bought and sold shares of HFXI. Dynamic Advisor Solutions LLC increased its stake in shares of NYLI FTSE International Equity Currency Neutral ETF by 19.6% in the second quarter. Dynamic Advisor Solutions LLC now owns 12,963 shares of the company’s stock valued at $494,000 after buying an additional 2,120 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of NYLI FTSE International Equity Currency Neutral ETF in the first quarter valued at about $67,000. Royal Bank of Canada lifted its position in 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 in the last quarter. Cetera Investment Advisers lifted its position in NYLI FTSE International Equity Currency Neutral ETF by 51.2% during the 1st quarter. Cetera Investment Advisers now owns 142,949 shares of the company’s stock worth $4,800,000 after buying an additional 48,403 shares in the last quarter. Finally, Signature Equity Partners LLC grew its holdings in NYLI FTSE International Equity Currency Neutral ETF by 372.6% during the 1st quarter. Signature Equity Partners LLC now owns 5,000 shares of the company’s stock worth $168,000 after acquiring an additional 3,942 shares during the last quarter.

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.