Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Sees Significant Decrease in Short Interest

Posted by Stacy Sanders on May 15th, 2026

Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Get Free Report) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 123,674 shares, a decline of 53.4% from the April 15th total of 265,333 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 368,714 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Fidelity MSCI Information Technology Index ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Financial Life Planners purchased a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $25,000. Bessemer Group Inc. purchased a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $26,000. Wealth Watch Advisors INC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $30,000. Strategic Advocates LLC purchased a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $31,000. Finally, First Horizon Corp purchased a new stake in Fidelity MSCI Information Technology Index ETF in the third quarter valued at $34,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of Fidelity MSCI Information Technology Index ETF stock traded down $4.39 during trading on Friday, hitting $270.56. 275,915 shares of the stock were exchanged, compared to its average volume of 437,838. The stock has a market cap of $19.67 billion, a price-to-earnings ratio of 35.45 and a beta of 1.31. The firm’s 50-day moving average price is $229.89 and its 200 day moving average price is $226.70. Fidelity MSCI Information Technology Index ETF has a 12-month low of $175.39 and a 12-month high of $275.77.

About Fidelity MSCI Information Technology Index ETF

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The Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market-cap-weighted index of stocks in the broad US information technology sector. FTEC was launched on Oct 21, 2013 and is managed by Fidelity.