NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Significant Increase in Short Interest

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

NYLIM FTSE International Equity Currency Neutral ETF Price Performance

Shares of HFXI stock opened at $37.44 on Friday. The company’s fifty day moving average price is $37.74 and its 200-day moving average price is $36.60. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 15.93 and a beta of 0.71. NYLIM FTSE International Equity Currency Neutral ETF has a one year low of $30.52 and a one year high of $38.75.

Institutional Investors Weigh In On NYLIM FTSE International Equity Currency Neutral ETF

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

NYLIM FTSE International Equity Currency Neutral ETF Company Profile

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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.

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