Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Short Interest Update

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 94,564 shares, a growth of 91.5% from the March 31st total of 49,381 shares. Based on an average daily trading volume, of 86,121 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.5% of the shares of the company are sold short.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

NYSEARCA:FDIS opened at $102.44 on Monday. Fidelity MSCI Consumer Discretionary Index ETF has a 1 year low of $82.21 and a 1 year high of $107.45. The firm’s fifty day simple moving average is $97.35 and its 200 day simple moving average is $100.55. The firm has a market capitalization of $1.81 billion, a PE ratio of 25.42 and a beta of 1.27.

Institutional Trading of Fidelity MSCI Consumer Discretionary Index ETF

A number of hedge funds have recently bought and sold shares of the stock. Keystone Global Partners LLC boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 3.2% in the 1st quarter. Keystone Global Partners LLC now owns 59,094 shares of the company’s stock valued at $5,511,000 after purchasing an additional 1,825 shares during the period. Yoder Wealth Management Inc. boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 14.7% in the 1st quarter. Yoder Wealth Management Inc. now owns 59,519 shares of the company’s stock valued at $5,551,000 after purchasing an additional 7,637 shares during the period. Penobscot Wealth Management boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 16.5% in the 1st quarter. Penobscot Wealth Management now owns 40,194 shares of the company’s stock valued at $3,748,000 after purchasing an additional 5,705 shares during the period. Smith Salley Wealth Management boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 1.3% in the 1st quarter. Smith Salley Wealth Management now owns 24,512 shares of the company’s stock valued at $2,286,000 after purchasing an additional 311 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 19.6% in the 4th quarter. Corient Private Wealth LLC now owns 2,519 shares of the company’s stock valued at $257,000 after purchasing an additional 412 shares during the period.

About Fidelity MSCI Consumer Discretionary Index ETF

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.