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

NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 248,370 shares, an increase of 509.7% from the August 15th total of 40,736 shares. Based on an average trading volume of 426,790 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the shares of the company are sold short.

NYLIM FTSE International Equity Currency Neutral ETF Stock Down 1.0%

Shares of NYSEARCA HFXI opened at $37.44 on Friday. The firm has a market cap of $2.02 billion, a P/E ratio of 15.93 and a beta of 0.71. NYLIM FTSE International Equity Currency Neutral ETF has a 52 week low of $30.52 and a 52 week high of $38.75. The business’s 50 day moving average price is $37.74 and its 200 day moving average price is $36.60.

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

Several institutional investors and hedge funds have recently modified their holdings of HFXI. IFP Advisors Inc acquired a new position in NYLIM FTSE International Equity Currency Neutral ETF in the fourth quarter valued at approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of NYLIM FTSE International Equity Currency Neutral ETF in the first quarter valued at about $34,000. Kestra Advisory Services LLC purchased a new stake in NYLIM FTSE International Equity Currency Neutral ETF during the 4th quarter worth approximately $39,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of NYLIM FTSE International Equity Currency Neutral ETF during the fourth quarter worth approximately $49,000. Finally, Advisory Services Network LLC acquired a new stake in shares of NYLIM FTSE International Equity Currency Neutral ETF in the third quarter valued at about $58,000.

NYLIM 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.