Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Shares Shorted: Short Interest Up 68.1% in September

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 233,100 shares, an increase of 68.1% from the September 15th total of 138,677 shares. Based on an average trading volume of 1,451,412 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the company’s shares are sold short.

Fidelity MSCI Energy Index ETF Trading Down 1.5%

FENY stock opened at $36.52 on Friday. The firm has a market cap of $2.21 billion, a PE ratio of 15.17 and a beta of 0.50. The stock has a 50-day moving average price of $35.09 and a 200-day moving average price of $32.97. Fidelity MSCI Energy Index ETF has a 1-year low of $23.52 and a 1-year high of $37.26.

Institutional Investors Weigh In On Fidelity MSCI Energy Index ETF

Several large investors have recently added to or reduced their stakes in the business. Lido Advisors LLC increased its holdings in Fidelity MSCI Energy Index ETF by 2.3% in the first quarter. Lido Advisors LLC now owns 1,755,925 shares of the company’s stock worth $59,737,000 after purchasing an additional 38,901 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Fidelity MSCI Energy Index ETF by 77.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,516,919 shares of the company’s stock valued at $44,840,000 after acquiring an additional 660,650 shares in the last quarter. Vicus Capital increased its stake in shares of Fidelity MSCI Energy Index ETF by 2,690.9% in the 1st quarter. Vicus Capital now owns 803,382 shares of the company’s stock valued at $27,331,000 after acquiring an additional 774,596 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Fidelity MSCI Energy Index ETF by 29.4% during the 1st quarter. Cetera Investment Advisers now owns 428,397 shares of the company’s stock valued at $14,574,000 after acquiring an additional 97,412 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of Fidelity MSCI Energy Index ETF by 15.6% during the 1st quarter. Bank of America Corp DE now owns 238,526 shares of the company’s stock valued at $8,115,000 after acquiring an additional 32,166 shares during the period.

Fidelity MSCI Energy Index ETF Company Profile

The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.