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

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 216,178 shares, a growth of 360.9% from the June 30th total of 46,902 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 306,933 shares, the days-to-cover ratio is presently 0.7 days.

Fidelity MSCI Health Care Index ETF Price Performance

NYSEARCA:FHLC opened at $78.84 on Friday. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $61.11 and a fifty-two week high of $80.53. The stock has a market capitalization of $3.28 billion, a PE ratio of 21.23 and a beta of 0.60. The business’s 50-day simple moving average is $75.08 and its 200-day simple moving average is $73.55.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Franklin Resources Inc. acquired a new stake in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth $26,000. Meramec Financial Planners LLC lifted its holdings in shares of Fidelity MSCI Health Care Index ETF by 65.3% in the first quarter. Meramec Financial Planners LLC now owns 395 shares of the company’s stock valued at $28,000 after purchasing an additional 156 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Fidelity MSCI Health Care Index ETF by 1,105.1% during the third quarter. Russell Investments Group Ltd. now owns 470 shares of the company’s stock worth $31,000 after buying an additional 431 shares during the period. IFC & Insurance Marketing Inc. acquired a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $34,000. Finally, Advocate Investing Services LLC bought a new position in shares of Fidelity MSCI Health Care Index ETF during the fourth quarter worth about $37,000.

Fidelity MSCI Health Care Index ETF Company Profile

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.