Fidelity International Value Factor ETF (NYSEARCA:FIVA) Short Interest Update

Fidelity International Value Factor ETF (NYSEARCA:FIVA) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 6,000 shares, a drop of 76.4% from the September 15th total of 25,400 shares. Based on an average daily volume of 47,400 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 47,400 shares, the days-to-cover ratio is currently 0.1 days.

Fidelity International Value Factor ETF Price Performance

Shares of FIVA opened at $31.75 on Friday. The company has a market capitalization of $279.40 million, a PE ratio of 11.15 and a beta of 0.87. Fidelity International Value Factor ETF has a one year low of $23.44 and a one year high of $32.01. The company’s fifty day moving average price is $31.09 and its 200 day moving average price is $29.24.

Hedge Funds Weigh In On Fidelity International Value Factor ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FIVA. Commonwealth Equity Services LLC raised its stake in shares of Fidelity International Value Factor ETF by 15.3% during the first quarter. Commonwealth Equity Services LLC now owns 1,370,613 shares of the company’s stock worth $36,527,000 after buying an additional 182,282 shares during the last quarter. LPL Financial LLC increased its stake in Fidelity International Value Factor ETF by 1,241.4% in the first quarter. LPL Financial LLC now owns 172,147 shares of the company’s stock valued at $4,588,000 after purchasing an additional 159,314 shares in the last quarter. Cetera Investment Advisers bought a new stake in Fidelity International Value Factor ETF in the first quarter valued at approximately $2,392,000. Osaic Holdings Inc. increased its stake in Fidelity International Value Factor ETF by 210.9% in the second quarter. Osaic Holdings Inc. now owns 113,125 shares of the company’s stock valued at $3,319,000 after purchasing an additional 76,744 shares in the last quarter. Finally, Great Valley Advisor Group Inc. bought a new stake in Fidelity International Value Factor ETF in the second quarter valued at approximately $1,419,000.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.