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

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. Based on an average daily trading volume, of 250,455 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HFXI. IFP Advisors Inc bought a new stake in NYLI FTSE International Equity Currency Neutral ETF during the fourth quarter valued at approximately $25,000. GHP Investment Advisors Inc. purchased a new stake in shares of NYLI FTSE International Equity Currency Neutral ETF during the 1st quarter valued at $34,000. Kestra Advisory Services LLC purchased 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 purchased a new position in NYLI FTSE International Equity Currency Neutral ETF in the fourth quarter worth $49,000. Finally, Advisory Services Network LLC purchased a new position in NYLI FTSE International Equity Currency Neutral ETF in the third quarter worth $58,000.

NYLI FTSE International Equity Currency Neutral ETF Price Performance

NYSEARCA HFXI traded down $0.18 during trading on Wednesday, reaching $38.28. The company’s stock had a trading volume of 309,055 shares, compared to its average volume of 296,041. The firm has a fifty day moving average of $37.72 and a 200 day moving average of $36.39. NYLI FTSE International Equity Currency Neutral ETF has a one year low of $30.03 and a one year high of $38.75. The stock has a market capitalization of $2.07 billion, a PE ratio of 15.93 and a beta of 0.71.

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.