Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Short Interest Update

Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) saw a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 193,761 shares, an increase of 44.3% from the February 26th total of 134,231 shares. Based on an average trading volume of 236,532 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.7% of the company’s shares are short sold.

Fidelity MSCI Consumer Staples Index ETF Stock Up 0.6%

Shares of FSTA traded up $0.30 during mid-day trading on Friday, hitting $52.00. The company had a trading volume of 270,152 shares, compared to its average volume of 222,396. Fidelity MSCI Consumer Staples Index ETF has a 1-year low of $47.45 and a 1-year high of $56.93. The business’s 50-day simple moving average is $54.10 and its 200-day simple moving average is $51.32. The stock has a market cap of $1.37 billion, a PE ratio of 22.37 and a beta of 0.56.

Institutional Trading of Fidelity MSCI Consumer Staples Index ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Elyxium Wealth LLC purchased a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth $26,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth about $28,000. Deutsche Bank AG purchased a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 4th quarter worth about $38,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 4th quarter valued at about $49,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 140.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,025 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 599 shares in the last quarter.

Fidelity MSCI Consumer Staples Index ETF Company Profile

The Fidelity MSCI Consumer Staples Index ETF (FSTA) is an exchange-traded fund that is based on the MSCI USA IMI Consumer Staples 25\u002F50 index, a market-cap-weighted index of US consumer staples companies across the entire market-cap spectrum. FSTA was launched on Oct 21, 2013 and is managed by Fidelity.