Short Interest in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Drops By 81.0%

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 20,721 shares, a drop of 81.0% from the December 15th total of 109,128 shares. Based on an average daily volume of 174,612 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 174,612 shares, the short-interest ratio is currently 0.1 days.

Fidelity Investment Grade Securitized ETF Trading Down 0.1%

Shares of NYSEARCA:FSEC traded down $0.06 during trading on Tuesday, hitting $44.29. 233,929 shares of the company’s stock traded hands, compared to its average volume of 200,807. The company has a 50-day moving average price of $44.40 and a 200-day moving average price of $44.09. Fidelity Investment Grade Securitized ETF has a 52 week low of $41.89 and a 52 week high of $45.60.

Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF

A number of institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC bought a new position in shares of Fidelity Investment Grade Securitized ETF in the third quarter worth about $27,000. Bank of America Corp DE bought a new position in Fidelity Investment Grade Securitized ETF in the fourth quarter valued at about $45,000. ST Germain D J Co. Inc. bought a new position in Fidelity Investment Grade Securitized ETF in the 2nd quarter valued at approximately $48,000. Raymond James Financial Inc. bought a new position in Fidelity Investment Grade Securitized ETF in the 2nd quarter valued at approximately $52,000. Finally, Cornerstone Planning Group LLC acquired a new stake in Fidelity Investment Grade Securitized ETF during the 3rd quarter worth approximately $82,000.

Fidelity Investment Grade Securitized ETF Company Profile

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.