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

NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the target of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 57,789 shares, a decline of 94.3% from the January 29th total of 1,011,122 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 352,269 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 352,269 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

NYLI FTSE International Equity Currency Neutral ETF Stock Performance

Shares of NYSEARCA:HFXI remained flat at $36.58 during trading on Friday. 632,392 shares of the stock traded hands, compared to its average volume of 297,387. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 15.93 and a beta of 0.74. The company has a 50 day simple moving average of $34.20 and a 200-day simple moving average of $32.42. NYLI FTSE International Equity Currency Neutral ETF has a 52-week low of $24.28 and a 52-week high of $37.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. MTM Investment Management LLC purchased a new position in NYLI FTSE International Equity Currency Neutral ETF during the second quarter valued at $25,000. IFP Advisors Inc bought a new position in shares of NYLI FTSE International Equity Currency Neutral ETF during the 4th quarter valued at approximately $25,000. Kestra Advisory Services LLC purchased a new stake in NYLI FTSE International Equity Currency Neutral ETF in the 4th quarter worth approximately $39,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in NYLI FTSE International Equity Currency Neutral ETF in the 4th quarter worth approximately $49,000. Finally, Advisory Services Network LLC bought a new stake in NYLI FTSE International Equity Currency Neutral ETF during the 3rd quarter worth approximately $58,000.

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.