NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Stock Short Interest Drops 74.3%

NYLIM FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 98,432 shares, a drop of 74.3% from the September 15th total of 383,620 shares. Based on an average trading volume of 467,346 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

NYLIM FTSE International Equity Currency Neutral ETF Price Performance

HFXI stock traded down $0.24 during midday trading on Monday, hitting $36.77. The stock had a trading volume of 286,332 shares, compared to its average volume of 321,601. The firm has a market cap of $2.31 billion, a PE ratio of 15.93 and a beta of 0.71. NYLIM FTSE International Equity Currency Neutral ETF has a 12-month low of $30.93 and a 12-month high of $38.75. The company’s 50-day moving average price is $37.82 and its 200 day moving average price is $37.01.

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

Several hedge funds have recently made changes to their positions in HFXI. Royal Bank of Canada grew its holdings in NYLIM FTSE International Equity Currency Neutral ETF by 271.8% in the 1st quarter. Royal Bank of Canada now owns 719,888 shares of the company’s stock valued at $24,174,000 after buying an additional 526,266 shares during the period. Mason & Associates Inc increased its stake in shares of NYLIM FTSE International Equity Currency Neutral ETF by 4.1% during the 1st quarter. Mason & Associates Inc now owns 656,839 shares of the company’s stock valued at $21,387,000 after acquiring an additional 25,567 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of NYLIM FTSE International Equity Currency Neutral ETF by 87.2% during the 4th 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. Atticus Wealth Management LLC lifted its holdings in shares of NYLIM FTSE International Equity Currency Neutral ETF by 99.0% during the 2nd quarter. Atticus Wealth Management LLC now owns 28,466 shares of the company’s stock worth $1,084,000 after acquiring an additional 14,164 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of NYLIM FTSE International Equity Currency Neutral ETF by 19.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 386,956 shares of the company’s stock worth $14,739,000 after acquiring an additional 62,510 shares during the period.

About NYLIM 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.