Fidelity International Value Factor ETF (NYSEARCA:FIVA) Short Interest Update

Fidelity International Value Factor ETF (NYSEARCA:FIVA) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 64,792 shares, a decrease of 36.2% from the February 12th total of 101,601 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 175,039 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 175,039 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.5% of the shares of the company are short sold.

Hedge Funds Weigh In On Fidelity International Value Factor ETF

Several institutional investors have recently bought and sold shares of FIVA. Align Financial LLC bought a new position in Fidelity International Value Factor ETF during the fourth quarter valued at $32,908,000. Summit Wealth Group LLC Co. purchased a new position in shares of Fidelity International Value Factor ETF during the 4th quarter valued at $7,720,000. Braeburn Wealth Management LLC purchased a new position in shares of Fidelity International Value Factor ETF during the 4th quarter valued at $7,421,000. Commonwealth Equity Services LLC grew its stake in shares of Fidelity International Value Factor ETF by 15.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,616,599 shares of the company’s stock worth $55,336,000 after acquiring an additional 212,876 shares during the period. Finally, Inspire Advisors LLC bought a new position in shares of Fidelity International Value Factor ETF during the 4th quarter worth $4,920,000.

Fidelity International Value Factor ETF Stock Performance

FIVA stock traded down $0.39 during mid-day trading on Friday, hitting $34.64. The company had a trading volume of 265,280 shares, compared to its average volume of 233,283. The firm has a market cap of $436.46 million, a PE ratio of 11.15 and a beta of 0.81. Fidelity International Value Factor ETF has a 12 month low of $23.44 and a 12 month high of $38.29. The stock’s fifty day moving average price is $36.51 and its two-hundred day moving average price is $33.63.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.