Short Interest in NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Rises By 395.6%

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 241,577 shares, a growth of 395.6% from the May 31st total of 48,741 shares. Based on an average trading volume of 264,651 shares, the short-interest ratio is currently 0.9 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HFXI. Indivisible Partners acquired a new stake in NYLI FTSE International Equity Currency Neutral ETF in the 4th quarter valued at $620,000. Rockefeller Capital Management L.P. raised its position in NYLI FTSE International Equity Currency Neutral ETF by 87.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 245,175 shares of the company’s stock worth $7,956,000 after acquiring an additional 114,195 shares during the period. Diversify Advisory Services LLC purchased a new position in NYLI FTSE International Equity Currency Neutral ETF during the third quarter valued at $3,081,000. Flynn Zito Capital Management LLC grew its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 2.5% in the fourth quarter. Flynn Zito Capital Management LLC now owns 635,114 shares of the company’s stock valued at $20,609,000 after purchasing an additional 15,260 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF in the fourth quarter valued at about $850,000.

NYLI FTSE International Equity Currency Neutral ETF Price Performance

HFXI traded down $0.43 on Friday, reaching $37.63. 154,935 shares of the stock were exchanged, compared to its average volume of 282,157. The company’s 50-day moving average price is $36.98 and its 200 day moving average price is $35.09. The firm has a market capitalization of $1.64 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 $29.00 and a fifty-two week high of $38.74.

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.