Fidelity International High Dividend ETF (NYSEARCA:FIDI) Short Interest Update

Fidelity International High Dividend ETF (NYSEARCA:FIDI) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 8,494 shares, a decline of 54.6% from the August 31st total of 18,710 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 42,332 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Fidelity International High Dividend ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FIDI. Bank of America Corp DE boosted its holdings in shares of Fidelity International High Dividend ETF by 14.4% during the 1st quarter. Bank of America Corp DE now owns 172,738 shares of the company’s stock valued at $4,768,000 after buying an additional 21,693 shares in the last quarter. Kestra Advisory Services LLC increased its stake in shares of Fidelity International High Dividend ETF by 3.1% in the 1st quarter. Kestra Advisory Services LLC now owns 110,120 shares of the company’s stock worth $3,040,000 after acquiring an additional 3,348 shares in the last quarter. Beam Wealth Advisors Inc. lifted its position in Fidelity International High Dividend ETF by 25.5% during the 1st quarter. Beam Wealth Advisors Inc. now owns 98,266 shares of the company’s stock valued at $2,713,000 after acquiring an additional 19,943 shares during the period. Ameritas Advisory Services LLC boosted its stake in Fidelity International High Dividend ETF by 37.7% during the second quarter. Ameritas Advisory Services LLC now owns 44,934 shares of the company’s stock worth $1,230,000 after acquiring an additional 12,306 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Fidelity International High Dividend ETF by 85.6% during the first quarter. Royal Bank of Canada now owns 44,079 shares of the company’s stock valued at $1,217,000 after purchasing an additional 20,333 shares in the last quarter.

Fidelity International High Dividend ETF Trading Down 1.1%

Shares of FIDI stock traded down $0.32 during midday trading on Tuesday, reaching $27.97. 56,255 shares of the stock were exchanged, compared to its average volume of 82,976. Fidelity International High Dividend ETF has a 1 year low of $24.20 and a 1 year high of $29.73. The firm has a market cap of $383.19 million, a PE ratio of 13.70 and a beta of 0.56. The company’s 50 day moving average is $29.12 and its two-hundred day moving average is $28.31.

About Fidelity International High Dividend ETF

The Fidelity International High Dividend ETF (FIDI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a high-dividend, multi-factor index of large- and mid-cap stocks from developed markets ex-US. FIDI was launched on Jan 16, 2018 and is managed by Fidelity.