Short Interest in Fidelity Enhanced International ETF (NYSEARCA:FENI) Increases By 387.4%

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 557,151 shares, a growth of 387.4% from the December 15th total of 114,305 shares. Based on an average daily volume of 1,407,043 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 1,407,043 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

A number of institutional investors have recently bought and sold shares of FENI. Royal Bank of Canada raised its position in shares of Fidelity Enhanced International ETF by 353.0% during the first quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock valued at $486,000 after buying an additional 12,733 shares during the last quarter. Jane Street Group LLC grew its stake in Fidelity Enhanced International ETF by 149.8% during the first quarter. Jane Street Group LLC now owns 348,369 shares of the company’s stock valued at $10,367,000 after acquiring an additional 208,895 shares in the last quarter. Fragasso Financial Advisors Inc increased its holdings in Fidelity Enhanced International ETF by 12.6% in the 2nd quarter. Fragasso Financial Advisors Inc now owns 2,390,713 shares of the company’s stock valued at $79,515,000 after acquiring an additional 268,016 shares during the last quarter. Breakwater Capital Group increased its holdings in Fidelity Enhanced International ETF by 10.6% in the 2nd quarter. Breakwater Capital Group now owns 39,677 shares of the company’s stock valued at $1,320,000 after acquiring an additional 3,789 shares during the last quarter. Finally, Pallas Capital Advisors LLC lifted its stake in Fidelity Enhanced International ETF by 60.6% in the 2nd quarter. Pallas Capital Advisors LLC now owns 859,169 shares of the company’s stock worth $28,576,000 after purchasing an additional 324,112 shares in the last quarter.

Fidelity Enhanced International ETF Trading Up 0.4%

FENI opened at $38.01 on Thursday. The company’s 50 day moving average is $36.30 and its 200 day moving average is $35.10. The company has a market cap of $6.37 billion, a price-to-earnings ratio of 14.82 and a beta of 0.50. Fidelity Enhanced International ETF has a 12-month low of $26.21 and a 12-month high of $38.21.

About Fidelity Enhanced International ETF

The Fidelity Enhanced International ETF (FENI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies of any capitalization in developed markets, excluding the US and Canada. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the MSCI EAFE Index. FENI was launched on Dec 20, 2007 and is issued by Fidelity.