Fidelity Clean Energy ETF (BATS:FRNW) Short Interest Update

Fidelity Clean Energy ETF (BATS:FRNW) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,532 shares, a decrease of 63.8% from the August 15th total of 4,227 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 27,759 shares, the short-interest ratio is currently 0.1 days.

Fidelity Clean Energy ETF Stock Performance

Fidelity Clean Energy ETF stock opened at $22.28 on Monday. The stock has a 50 day moving average of $22.66 and a 200-day moving average of $23.78. The stock has a market cap of $36.76 million, a P/E ratio of 21.58 and a beta of 1.12. Fidelity Clean Energy ETF has a 52 week low of $18.25 and a 52 week high of $27.97.

Institutional Trading of Fidelity Clean Energy ETF

Institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. grew its holdings in shares of Fidelity Clean Energy ETF by 3.5% during the first quarter. Sunbelt Securities Inc. now owns 11,992 shares of the company’s stock valued at $277,000 after purchasing an additional 411 shares during the last quarter. IFP Advisors Inc acquired a new stake in shares of Fidelity Clean Energy ETF in the second quarter valued at approximately $62,000. Citadel Advisors LLC acquired a new position in shares of Fidelity Clean Energy ETF during the second quarter worth approximately $327,000. Finally, Brookstone Capital Management bought a new stake in Fidelity Clean Energy ETF during the 1st quarter valued at $602,000.

Fidelity Clean Energy ETF Company Profile

The Fidelity Clean Energy ETF (FRNW) is an exchange-traded fund that is based on the Fidelity Clean Energy index, a market-cap-weighted index of global clean energy companies screened for environmental, social, and governance factors. FRNW was launched on Oct 5, 2021 and is managed by Fidelity.