Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Short Interest Update

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 49,283 shares, a decline of 53.2% from the May 14th total of 105,391 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 82,562 shares, the days-to-cover ratio is presently 0.6 days.

Fidelity MSCI Consumer Discretionary Index ETF Trading Up 0.2%

NYSEARCA FDIS traded up $0.20 during trading hours on Friday, hitting $101.97. 77,721 shares of the company’s stock traded hands, compared to its average volume of 110,422. The business’s fifty day moving average price is $100.73 and its two-hundred day moving average price is $100.86. The firm has a market capitalization of $1.77 billion, a P/E ratio of 25.42 and a beta of 1.23. Fidelity MSCI Consumer Discretionary Index ETF has a 52 week low of $89.95 and a 52 week high of $107.45.

Institutional Trading of Fidelity MSCI Consumer Discretionary Index ETF

Several large investors have recently added to or reduced their stakes in FDIS. Goldman Sachs Group Inc. bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the first quarter valued at approximately $1,585,000. Jane Street Group LLC bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF during the first quarter valued at approximately $2,351,000. JPMorgan Chase & Co. grew its position in Fidelity MSCI Consumer Discretionary Index ETF by 136.1% during the second quarter. JPMorgan Chase & Co. now owns 1,072 shares of the company’s stock valued at $101,000 after buying an additional 618 shares during the period. Raymond James Financial Inc. grew its position in Fidelity MSCI Consumer Discretionary Index ETF by 9.0% during the second quarter. Raymond James Financial Inc. now owns 12,375 shares of the company’s stock valued at $1,164,000 after buying an additional 1,019 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 69.7% during the second quarter. Ameriprise Financial Inc. now owns 71,296 shares of the company’s stock valued at $6,707,000 after purchasing an additional 29,277 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Company Profile

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.