Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Short Interest Update

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 683,358 shares, an increase of 433.8% from the December 31st total of 128,013 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average trading volume of 8,940,558 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 8,940,558 shares, the short-interest ratio is currently 0.1 days. Approximately 1.3% of the company’s stock are short sold.

Institutional Investors Weigh In On Fidelity MSCI Energy Index ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Lido Advisors LLC boosted its stake in Fidelity MSCI Energy Index ETF by 9.7% during the 3rd quarter. Lido Advisors LLC now owns 1,713,695 shares of the company’s stock valued at $42,363,000 after purchasing an additional 151,870 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Fidelity MSCI Energy Index ETF by 427.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,222,648 shares of the company’s stock valued at $28,671,000 after buying an additional 990,880 shares during the last quarter. AGF Management Ltd. lifted its stake in Fidelity MSCI Energy Index ETF by 3.9% during the 3rd quarter. AGF Management Ltd. now owns 933,266 shares of the company’s stock valued at $23,070,000 after acquiring an additional 35,346 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Fidelity MSCI Energy Index ETF by 0.9% during the 3rd quarter. HighTower Advisors LLC now owns 752,617 shares of the company’s stock worth $18,605,000 after acquiring an additional 6,712 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Fidelity MSCI Energy Index ETF by 111,011.1% in the second quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock valued at $14,070,000 after purchasing an additional 599,460 shares during the last quarter.

Fidelity MSCI Energy Index ETF Stock Up 1.0%

Shares of NYSEARCA:FENY opened at $27.55 on Wednesday. The stock’s 50 day moving average is $25.40 and its 200-day moving average is $24.70. Fidelity MSCI Energy Index ETF has a twelve month low of $20.31 and a twelve month high of $27.66. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 15.17 and a beta of 0.77.

Fidelity MSCI Energy Index ETF Company Profile

The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.