Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Short Interest Update

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 44,883 shares, an increase of 151.6% from the March 31st total of 17,841 shares. Based on an average trading volume of 179,309 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Fidelity MSCI Health Care Index ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Blair William & Co. IL boosted its holdings 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 buying an additional 137 shares during the period. US Bancorp DE boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 6.7% during the 3rd quarter. US Bancorp DE now owns 2,333 shares of the company’s stock worth $156,000 after buying an additional 147 shares during the period. Roxbury Financial LLC boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 0.6% during the 4th quarter. Roxbury Financial LLC now owns 24,646 shares of the company’s stock worth $1,831,000 after buying an additional 147 shares during the period. OneAscent Financial Services LLC boosted its holdings in shares of 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 during the period. Finally, American National Bank & Trust boosted its holdings in shares of Fidelity MSCI Health Care Index ETF by 1.8% during the 3rd quarter. American National Bank & Trust now owns 10,597 shares of the company’s stock worth $709,000 after buying an additional 187 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Down 0.4%

Shares of NYSEARCA:FHLC opened at $69.44 on Tuesday. Fidelity MSCI Health Care Index ETF has a 12 month low of $60.35 and a 12 month high of $77.10. The company’s fifty day simple moving average is $71.98 and its 200 day simple moving average is $72.87. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 21.23 and a beta of 0.67.

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.