Fidelity Enhanced International ETF (NYSEARCA:FENI) Sees Significant Increase in Short Interest

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,005,902 shares, a growth of 182.2% from the April 30th total of 356,442 shares. Based on an average daily volume of 1,499,198 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Investors Weigh In On Fidelity Enhanced International ETF

Several institutional investors and hedge funds have recently made changes to their positions in FENI. Royal Bank of Canada increased its position in shares of Fidelity Enhanced International ETF by 353.0% during the first quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock valued at $486,000 after acquiring an additional 12,733 shares in the last quarter. Jane Street Group LLC increased its position in shares of Fidelity Enhanced International ETF by 149.8% during the first quarter. Jane Street Group LLC now owns 348,369 shares of the company’s stock valued at $10,367,000 after acquiring an additional 208,895 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Fidelity Enhanced International ETF by 2,638.5% during the second quarter. JPMorgan Chase & Co. now owns 184,490 shares of the company’s stock valued at $6,136,000 after acquiring an additional 177,753 shares in the last quarter. HUB Investment Partners LLC increased its position in shares of Fidelity Enhanced International ETF by 4.3% during the second quarter. HUB Investment Partners LLC now owns 10,061 shares of the company’s stock valued at $335,000 after acquiring an additional 414 shares in the last quarter. Finally, Betterment LLC bought a new stake in shares of Fidelity Enhanced International ETF during the second quarter valued at approximately $694,000.

Fidelity Enhanced International ETF Stock Up 0.3%

Shares of FENI stock traded up $0.12 during trading hours on Friday, hitting $40.34. 1,326,126 shares of the company’s stock traded hands, compared to its average volume of 1,839,988. The stock’s fifty day simple moving average is $38.85 and its two-hundred day simple moving average is $38.07. Fidelity Enhanced International ETF has a 12-month low of $31.80 and a 12-month high of $40.90. The stock has a market cap of $9.36 billion, a price-to-earnings ratio of 14.82 and a beta of 0.56.

Fidelity Enhanced International ETF Company Profile

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.