Short Interest in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Grows By 319.1%

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 140,400 shares, an increase of 319.1% from the August 31st total of 33,500 shares. Based on an average daily volume of 160,100 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 160,100 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of Fidelity MSCI Health Care Index ETF

Several institutional investors have recently modified their holdings of the business. Investors Research Corp grew its stake in shares of Fidelity MSCI Health Care Index ETF by 5.4% in the third quarter. Investors Research Corp now owns 205,435 shares of the company’s stock worth $13,737,000 after purchasing an additional 10,564 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in Fidelity MSCI Health Care Index ETF in the second quarter valued at $78,000. Centaurus Financial Inc. lifted its holdings in Fidelity MSCI Health Care Index ETF by 21.0% in the second quarter. Centaurus Financial Inc. now owns 2,024 shares of the company’s stock valued at $129,000 after buying an additional 351 shares during the period. Orion Porfolio Solutions LLC lifted its holdings in Fidelity MSCI Health Care Index ETF by 1.2% in the second quarter. Orion Porfolio Solutions LLC now owns 20,999 shares of the company’s stock valued at $1,343,000 after buying an additional 250 shares during the period. Finally, Advisory Services Network LLC lifted its holdings in Fidelity MSCI Health Care Index ETF by 8.3% in the second quarter. Advisory Services Network LLC now owns 13,306 shares of the company’s stock valued at $827,000 after buying an additional 1,015 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Up 1.1%

Shares of Fidelity MSCI Health Care Index ETF stock opened at $69.40 on Friday. Fidelity MSCI Health Care Index ETF has a twelve month low of $60.35 and a twelve month high of $73.16. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of 21.23 and a beta of 0.72. The company’s fifty day moving average is $65.12 and its 200 day moving average is $64.49.

Fidelity MSCI Health Care Index ETF Company Profile

The Fidelity MSCI Health Care Index ETF (FHLC) is an exchange-traded fund that is based on the MSCI US IMI 25\u002F50 Health Care index, a market-cap-weighted index of stocks in the broad US health care sector. FHLC was launched on Oct 21, 2013 and is managed by Fidelity.