Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Update

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 20,721 shares, a drop of 81.0% from the December 15th total of 109,128 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 174,612 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 174,612 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Fidelity Investment Grade Securitized ETF Trading Down 0.2%

Shares of NYSEARCA FSEC traded down $0.08 on Thursday, reaching $44.25. 1,162,185 shares of the company traded hands, compared to its average volume of 301,048. Fidelity Investment Grade Securitized ETF has a fifty-two week low of $41.98 and a fifty-two week high of $45.60. The company has a 50 day moving average of $44.39 and a 200 day moving average of $44.10.

Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Integrity Alliance LLC. grew its position in Fidelity Investment Grade Securitized ETF by 14.5% in the 2nd quarter. Integrity Alliance LLC. now owns 85,715 shares of the company’s stock valued at $3,734,000 after buying an additional 10,873 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Fidelity Investment Grade Securitized ETF by 25.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 66,495 shares of the company’s stock valued at $2,938,000 after purchasing an additional 13,542 shares during the period. Jane Street Group LLC lifted its holdings in shares of Fidelity Investment Grade Securitized ETF by 97.4% in the second quarter. Jane Street Group LLC now owns 57,825 shares of the company’s stock valued at $2,519,000 after buying an additional 28,525 shares during the period. Flow Traders U.S. LLC bought a new position in Fidelity Investment Grade Securitized ETF during the third quarter valued at about $2,076,000. Finally, JPMorgan Chase & Co. grew its holdings in Fidelity Investment Grade Securitized ETF by 93.7% during the third quarter. JPMorgan Chase & Co. now owns 36,904 shares of the company’s stock worth $1,627,000 after acquiring an additional 17,855 shares during the period.

Fidelity Investment Grade Securitized ETF Company Profile

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.