NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 230,324 shares, a growth of 195.7% from the April 15th total of 77,883 shares. Based on an average daily volume of 237,431 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.5% of the company’s shares are short sold.
NYLI FTSE International Equity Currency Neutral ETF Stock Down 2.3%
Shares of HFXI stock traded down $0.85 during mid-day trading on Friday, hitting $36.16. 226,505 shares of the company’s stock were exchanged, compared to its average volume of 278,708. NYLI FTSE International Equity Currency Neutral ETF has a fifty-two week low of $28.34 and a fifty-two week high of $37.87. The stock has a 50-day simple moving average of $34.90 and a two-hundred day simple moving average of $33.93. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 15.93 and a beta of 0.70.
Institutional Investors Weigh In On NYLI FTSE International Equity Currency Neutral ETF
Hedge funds have recently made changes to their positions in the business. BLVD Private Wealth LLC boosted its holdings in shares of NYLI FTSE International Equity Currency Neutral ETF by 113.8% during the third quarter. BLVD Private Wealth LLC now owns 31,163 shares of the company’s stock worth $966,000 after purchasing an additional 16,588 shares during the last quarter. Indivisible Partners purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF in the 4th quarter worth $620,000. Envestnet Asset Management Inc. raised its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 13.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 215,896 shares of the company’s stock worth $6,695,000 after buying an additional 26,104 shares during the period. Diversify Advisory Services LLC purchased a new position in shares of NYLI FTSE International Equity Currency Neutral ETF in the 3rd quarter worth $3,081,000. Finally, Concurrent Investment Advisors LLC raised its position in shares of NYLI FTSE International Equity Currency Neutral ETF by 7.4% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 238,902 shares of the company’s stock worth $7,408,000 after buying an additional 16,406 shares during the period.
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.
Further Reading
- Five stocks we like better than NYLI FTSE International Equity Currency Neutral ETF
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for NYLI FTSE International Equity Currency Neutral ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NYLI FTSE International Equity Currency Neutral ETF and related companies with MarketBeat.com's FREE daily email newsletter.
