Short Interest in NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Drops By 85.1%

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 40,736 shares, a decline of 85.1% from the July 30th total of 272,816 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 250,455 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

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

NYLI FTSE International Equity Currency Neutral ETF Price Performance

HFXI traded down $0.11 on Friday, hitting $38.16. 320,293 shares of the stock were exchanged, compared to its average volume of 297,925. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 15.93 and a beta of 0.71. NYLI FTSE International Equity Currency Neutral ETF has a 12 month low of $30.03 and a 12 month high of $38.75. The business has a 50-day moving average of $37.70 and a two-hundred day moving average of $36.45.

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.