Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Short Interest Up 44.6% in January

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 12,886 shares, an increase of 44.6% from the January 15th total of 8,914 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 182,647 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 182,647 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Fidelity MSCI Health Care Index ETF Stock Up 1.0%

Shares of FHLC stock opened at $74.96 on Friday. Fidelity MSCI Health Care Index ETF has a 12-month low of $60.35 and a 12-month high of $77.10. The firm has a fifty day moving average of $74.69 and a 200-day moving average of $70.48. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 21.23 and a beta of 0.67.

Institutional Investors Weigh In On Fidelity MSCI Health Care Index ETF

A number of hedge funds have recently modified their holdings of FHLC. Blair William & Co. IL grew its stake in shares of Fidelity MSCI Health Care Index ETF by 7.3% during the 3rd quarter. Blair William & Co. IL now owns 2,020 shares of the company’s stock worth $135,000 after acquiring an additional 137 shares in the last quarter. Roxbury Financial LLC boosted its holdings in Fidelity MSCI Health Care Index ETF by 0.6% during the fourth quarter. Roxbury Financial LLC now owns 24,646 shares of the company’s stock worth $1,831,000 after purchasing an additional 147 shares during the last quarter. US Bancorp DE grew its position in Fidelity MSCI Health Care Index ETF by 6.7% in the third quarter. US Bancorp DE now owns 2,333 shares of the company’s stock valued at $156,000 after purchasing an additional 147 shares in the last quarter. Brookstone Capital Management increased its stake in Fidelity MSCI Health Care Index ETF by 5.2% in the 2nd quarter. Brookstone Capital Management now owns 3,616 shares of the company’s stock valued at $231,000 after buying an additional 180 shares during the last quarter. Finally, OneAscent Financial Services LLC lifted its position in Fidelity MSCI Health Care Index ETF by 3.5% during the 3rd quarter. OneAscent Financial Services LLC now owns 5,461 shares of the company’s stock worth $365,000 after buying an additional 183 shares in the last quarter.

About Fidelity MSCI Health Care Index ETF

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.