Short Interest in Fidelity International Value Factor ETF (NYSEARCA:FIVA) Grows By 532.6%

Fidelity International Value Factor ETF (NYSEARCA:FIVA) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 235,284 shares, a growth of 532.6% from the June 30th total of 37,193 shares. Based on an average daily volume of 81,246 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.6% of the shares of the company are short sold.

Fidelity International Value Factor ETF Price Performance

Fidelity International Value Factor ETF stock traded up $0.10 during mid-day trading on Friday, reaching $38.54. The company had a trading volume of 48,615 shares, compared to its average volume of 148,232. The company has a market capitalization of $574.25 million, a P/E ratio of 11.15 and a beta of 0.71. The stock’s 50-day simple moving average is $38.35 and its 200-day simple moving average is $37.00. Fidelity International Value Factor ETF has a 1 year low of $28.83 and a 1 year high of $39.61.

Institutional Trading of Fidelity International Value Factor ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity International Value Factor ETF by 15.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,616,599 shares of the company’s stock worth $55,336,000 after purchasing an additional 212,876 shares during the last quarter. Align Financial LLC purchased a new position in Fidelity International Value Factor ETF during the fourth quarter worth about $32,908,000. Summit Wealth Group LLC Co. purchased a new position in Fidelity International Value Factor ETF during the fourth quarter worth about $7,720,000. Braeburn Wealth Management LLC acquired a new stake in Fidelity International Value Factor ETF in the 4th quarter worth about $7,421,000. Finally, Kestra Advisory Services LLC grew its holdings in Fidelity International Value Factor ETF by 213.8% in the 1st quarter. Kestra Advisory Services LLC now owns 202,048 shares of the company’s stock valued at $7,033,000 after buying an additional 137,661 shares during the period.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.