Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Stock Short Interest Report for October

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 400,968 shares, an increase of 72.0% from the September 30th total of 233,100 shares. Based on an average trading volume of 1,216,335 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.6% of the shares of the company are short sold.

Fidelity MSCI Energy Index ETF Stock Performance

Shares of Fidelity MSCI Energy Index ETF stock opened at $36.59 on Wednesday. The stock has a market capitalization of $2.25 billion, a P/E ratio of 15.17 and a beta of 0.46. Fidelity MSCI Energy Index ETF has a 52-week low of $23.98 and a 52-week high of $38.53. The stock’s 50-day simple moving average is $35.88 and its 200 day simple moving average is $32.61.

Institutional Trading of Fidelity MSCI Energy Index ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Advisors Preferred LLC purchased a new position in Fidelity MSCI Energy Index ETF during the first quarter valued at approximately $59,000. Signature Equity Partners LLC lifted its stake in Fidelity MSCI Energy Index ETF by 104.5% in the 3rd quarter. Signature Equity Partners LLC now owns 1,828 shares of the company’s stock worth $62,000 after purchasing an additional 934 shares in the last quarter. Pathway Financial Advisers LLC purchased a new stake in Fidelity MSCI Energy Index ETF in the 3rd quarter worth approximately $76,000. Fifth Third Bancorp lifted its stake in Fidelity MSCI Energy Index ETF by 157.5% in the 1st quarter. Fifth Third Bancorp now owns 2,575 shares of the company’s stock worth $88,000 after purchasing an additional 1,575 shares in the last quarter. Finally, Allied Private Wealth LLC bought a new position in Fidelity MSCI Energy Index ETF in the 2nd quarter valued at $136,000.

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.