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

Fidelity International Value Factor ETF (NYSEARCA:FIVA) was the target of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 17,500 shares, a decrease of 72.4% from the May 15th total of 63,300 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 82,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Fidelity International Value Factor ETF

Large investors have recently bought and sold shares of the stock. Ameriflex Group Inc. bought a new stake in shares of Fidelity International Value Factor ETF during the fourth quarter worth $46,000. Northwestern Mutual Wealth Management Co. acquired a new position in Fidelity International Value Factor ETF in the first quarter valued at about $101,000. Koshinski Asset Management Inc. raised its position in shares of Fidelity International Value Factor ETF by 19.5% during the first quarter. Koshinski Asset Management Inc. now owns 10,260 shares of the company’s stock worth $273,000 after purchasing an additional 1,676 shares during the period. Mariner LLC raised its position in shares of Fidelity International Value Factor ETF by 31.5% during the fourth quarter. Mariner LLC now owns 10,561 shares of the company’s stock worth $256,000 after purchasing an additional 2,532 shares during the period. Finally, Revisor Wealth Management LLC acquired a new stake in shares of Fidelity International Value Factor ETF during the first quarter worth about $390,000.

Fidelity International Value Factor ETF Price Performance

Shares of NYSEARCA FIVA traded down $0.27 during trading hours on Friday, reaching $29.28. The stock had a trading volume of 52,325 shares, compared to its average volume of 54,092. The business’s fifty day moving average is $27.79 and its two-hundred day moving average is $26.40. The company has a market cap of $222.53 million, a price-to-earnings ratio of 12.17 and a beta of 0.81. Fidelity International Value Factor ETF has a twelve month low of $23.45 and a twelve month high of $29.61.

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.