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

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 281,423 shares, a drop of 58.8% from the January 15th total of 683,358 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 5,239,637 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 5,239,637 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.5% of the company’s stock are sold short.

Fidelity MSCI Energy Index ETF Stock Down 2.0%

Shares of NYSEARCA FENY traded down $0.60 during midday trading on Thursday, hitting $29.81. The stock had a trading volume of 5,742,500 shares, compared to its average volume of 6,503,497. Fidelity MSCI Energy Index ETF has a 52 week low of $20.31 and a 52 week high of $30.50. The business’s 50 day moving average is $26.36 and its 200-day moving average is $25.11. The company has a market cap of $1.59 billion, a P/E ratio of 15.17 and a beta of 0.77.

Institutional Trading of Fidelity MSCI Energy Index ETF

A number of large investors have recently made changes to their positions in FENY. Lido Advisors LLC boosted its position in Fidelity MSCI Energy Index ETF by 9.7% in the 3rd quarter. Lido Advisors LLC now owns 1,713,695 shares of the company’s stock valued at $42,363,000 after buying an additional 151,870 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Fidelity MSCI Energy Index ETF by 427.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,222,648 shares of the company’s stock worth $28,671,000 after acquiring an additional 990,880 shares during the period. AGF Management Ltd. lifted its holdings in Fidelity MSCI Energy Index ETF by 3.9% in the third quarter. AGF Management Ltd. now owns 933,266 shares of the company’s stock valued at $23,070,000 after acquiring an additional 35,346 shares during the period. HighTower Advisors LLC boosted its stake in shares of Fidelity MSCI Energy Index ETF by 0.9% during the 3rd quarter. HighTower Advisors LLC now owns 752,617 shares of the company’s stock worth $18,605,000 after acquiring an additional 6,712 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Fidelity MSCI Energy Index ETF by 111,011.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock valued at $14,070,000 after acquiring an additional 599,460 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.