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

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 311,957 shares, a growth of 81.7% from the February 12th total of 171,689 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 3,017,470 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 3,017,470 shares, the short-interest ratio is currently 0.1 days. Approximately 0.6% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FENY. Deutsche Bank AG purchased a new position in Fidelity MSCI Energy Index ETF in the 4th quarter valued at about $25,000. Principia Wealth Advisory LLC grew its stake in Fidelity MSCI Energy Index ETF by 2,961.0% during the 4th quarter. Principia Wealth Advisory LLC now owns 1,255 shares of the company’s stock valued at $31,000 after purchasing an additional 1,214 shares in the last quarter. Allworth Financial LP increased its holdings in Fidelity MSCI Energy Index ETF by 40.3% during the 3rd quarter. Allworth Financial LP now owns 1,745 shares of the company’s stock worth $43,000 after purchasing an additional 501 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in shares of Fidelity MSCI Energy Index ETF in the 4th quarter valued at approximately $49,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF in the 3rd quarter valued at approximately $54,000.

Fidelity MSCI Energy Index ETF Stock Up 0.3%

NYSEARCA FENY opened at $31.99 on Friday. Fidelity MSCI Energy Index ETF has a fifty-two week low of $20.31 and a fifty-two week high of $32.22. The business has a 50 day moving average price of $28.88 and a two-hundred day moving average price of $26.16. The stock has a market cap of $1.71 billion, a PE ratio of 15.17 and a beta of 0.77.

About Fidelity MSCI Energy Index ETF

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.