Fidelity Enhanced International ETF (NYSEARCA:FENI) Short Interest Update

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 114,305 shares, a decline of 57.5% from the November 30th total of 269,007 shares. Based on an average trading volume of 1,107,147 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,107,147 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

Several institutional investors and hedge funds have recently made changes to their positions in FENI. Northwestern Mutual Wealth Management Co. increased its stake in shares of Fidelity Enhanced International ETF by 74.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 7,950,844 shares of the company’s stock worth $280,506,000 after buying an additional 3,400,521 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in Fidelity Enhanced International ETF by 81.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,109,577 shares of the company’s stock valued at $144,986,000 after acquiring an additional 1,846,297 shares during the last quarter. Fragasso Financial Advisors Inc boosted its stake in Fidelity Enhanced International ETF by 1.3% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 2,422,295 shares of the company’s stock valued at $86,742,000 after acquiring an additional 31,582 shares during the last quarter. Syntegra Private Wealth Group LLC grew its holdings in Fidelity Enhanced International ETF by 9.4% during the 3rd quarter. Syntegra Private Wealth Group LLC now owns 2,275,130 shares of the company’s stock worth $80,267,000 after acquiring an additional 195,847 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Fidelity Enhanced International ETF by 178.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,254,191 shares of the company’s stock worth $79,528,000 after purchasing an additional 1,445,409 shares during the last quarter.

Fidelity Enhanced International ETF Stock Performance

Shares of NYSEARCA:FENI traded up $0.05 during trading on Friday, hitting $36.82. The company’s stock had a trading volume of 790,942 shares, compared to its average volume of 766,424. The company has a market capitalization of $4.96 billion, a PE ratio of 14.82 and a beta of 0.50. Fidelity Enhanced International ETF has a fifty-two week low of $26.21 and a fifty-two week high of $36.84. The stock’s 50-day moving average price is $35.84 and its two-hundred day moving average price is $34.69.

About Fidelity Enhanced International ETF

The Fidelity Enhanced International ETF (FENI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies of any capitalization in developed markets, excluding the US and Canada. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the MSCI EAFE Index. FENI was launched on Dec 20, 2007 and is issued by Fidelity.