Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Short Interest Update

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 128,013 shares, a decline of 43.7% from the December 15th total of 227,429 shares. Based on an average daily volume of 4,340,571 shares, the short-interest ratio is currently 0.0 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,340,571 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Fidelity MSCI Energy Index ETF

Several institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in Fidelity MSCI Energy Index ETF by 427.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,222,648 shares of the company’s stock valued at $28,671,000 after purchasing an additional 990,880 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Fidelity MSCI Energy Index ETF by 111,011.1% during the second quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock worth $14,070,000 after buying an additional 599,460 shares in the last quarter. Hilltop Wealth Advisors LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF in the third quarter valued at approximately $12,909,000. Soundwatch Capital LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF during the second quarter valued at approximately $113,000. Finally, Tower Research Capital LLC TRC acquired a new stake in Fidelity MSCI Energy Index ETF during the third quarter worth approximately $10,917,000.

Fidelity MSCI Energy Index ETF Trading Down 0.8%

Shares of FENY traded down $0.22 during mid-day trading on Thursday, hitting $26.40. The company’s stock had a trading volume of 8,299,749 shares, compared to its average volume of 8,939,384. Fidelity MSCI Energy Index ETF has a 1-year low of $20.31 and a 1-year high of $26.92. The firm has a market capitalization of $1.36 billion, a P/E ratio of 15.17 and a beta of 0.77. The firm has a 50-day simple moving average of $25.10 and a 200 day simple moving average of $24.53.

About Fidelity MSCI Energy Index ETF

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.