Fidelity International High Dividend ETF (NYSEARCA:FIDI) Shares Shorted: Short Interest Up 109.5% in September

Fidelity International High Dividend ETF (NYSEARCA:FIDI) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 17,792 shares, a growth of 109.5% from the September 15th total of 8,494 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 51,048 shares, the short-interest ratio is presently 0.3 days.

Fidelity International High Dividend ETF Stock Up 1.3%

Shares of FIDI traded up $0.36 during trading hours on Tuesday, reaching $28.30. 52,709 shares of the company traded hands, compared to its average volume of 81,139. The stock has a market capitalization of $390.54 million, a PE ratio of 13.70 and a beta of 0.57. The stock has a fifty day simple moving average of $28.89 and a 200 day simple moving average of $28.35. Fidelity International High Dividend ETF has a fifty-two week low of $24.20 and a fifty-two week high of $29.73.

Institutional Investors Weigh In On Fidelity International High Dividend ETF

Hedge funds have recently modified their holdings of the company. Bank of America Corp DE boosted its position in Fidelity International High Dividend ETF by 14.4% during the first quarter. Bank of America Corp DE now owns 172,738 shares of the company’s stock worth $4,768,000 after acquiring an additional 21,693 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in 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 valued at $3,040,000 after acquiring an additional 3,348 shares during the last quarter. Beam Wealth Advisors Inc. raised its holdings in Fidelity International High Dividend ETF by 25.5% in 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 last quarter. Ameritas Advisory Services LLC lifted its stake in shares of Fidelity International High Dividend ETF by 37.7% during the 2nd quarter. Ameritas Advisory Services LLC now owns 44,934 shares of the company’s stock worth $1,230,000 after purchasing an additional 12,306 shares during the period. Finally, Royal Bank of Canada lifted its stake in shares of Fidelity International High Dividend ETF by 85.6% during the 1st quarter. Royal Bank of Canada now owns 44,079 shares of the company’s stock worth $1,217,000 after purchasing an additional 20,333 shares during the period.

Fidelity International High Dividend ETF Company Profile

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.