Fidelity Enhanced International ETF (NYSEARCA:FENI) Short Interest Update

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 557,151 shares, a growth of 387.4% from the December 15th total of 114,305 shares. Based on an average trading volume of 1,407,043 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 1,407,043 shares, the days-to-cover ratio is currently 0.4 days.

Fidelity Enhanced International ETF Stock Performance

FENI stock traded up $0.15 during trading on Wednesday, hitting $38.01. The stock had a trading volume of 2,908,332 shares, compared to its average volume of 2,056,363. The company’s 50 day moving average price is $36.24 and its two-hundred day moving average price is $35.08. Fidelity Enhanced International ETF has a 1-year low of $26.21 and a 1-year high of $38.21. The stock has a market cap of $6.37 billion, a price-to-earnings ratio of 14.82 and a beta of 0.50.

Institutional Trading of Fidelity Enhanced International ETF

A number of hedge funds have recently bought and sold shares of FENI. Grey Fox Wealth Advisors LLC purchased a new position in Fidelity Enhanced International ETF in the third quarter valued at approximately $38,000. Spire Wealth Management lifted its holdings in shares of Fidelity Enhanced International ETF by 110.9% during the 4th quarter. Spire Wealth Management now owns 1,592 shares of the company’s stock valued at $58,000 after acquiring an additional 837 shares in the last quarter. Armor Investment Advisors LLC purchased a new stake in Fidelity Enhanced International ETF during the 2nd quarter worth $60,000. EverSource Wealth Advisors LLC increased its holdings in Fidelity Enhanced International ETF by 386.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,867 shares of the company’s stock valued at $66,000 after purchasing an additional 1,483 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Fidelity Enhanced International ETF by 52.0% in the second quarter. Farther Finance Advisors LLC now owns 1,997 shares of the company’s stock valued at $66,000 after purchasing an additional 683 shares during the period.

About Fidelity Enhanced International ETF

The Fidelity Enhanced International ETF (FENI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies of any capitalization in developed markets, excluding the US and Canada. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the MSCI EAFE Index. FENI was launched on Dec 20, 2007 and is issued by Fidelity.