Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Shares Shorted: Short Interest Up 159.3% in September

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 54,568 shares, an increase of 159.3% from the September 15th total of 21,047 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 135,536 shares, the short-interest ratio is presently 0.4 days.

Fidelity MSCI Consumer Discretionary Index ETF Trading Down 0.9%

NYSEARCA:FDIS traded down $0.92 during trading hours on Wednesday, hitting $96.90. The stock had a trading volume of 48,601 shares, compared to its average volume of 102,573. Fidelity MSCI Consumer Discretionary Index ETF has a 1-year low of $89.95 and a 1-year high of $107.45. The company has a market cap of $1.62 billion, a PE ratio of 25.42 and a beta of 1.26. The business has a 50 day simple moving average of $99.47 and a two-hundred day simple moving average of $100.22.

Hedge Funds Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Large investors have recently bought and sold shares of the business. Lido Advisors LLC increased its position in Fidelity MSCI Consumer Discretionary Index ETF by 1.3% in the 1st quarter. Lido Advisors LLC now owns 1,503,754 shares of the company’s stock valued at $140,240,000 after acquiring an additional 19,658 shares during the period. Fischer Financial Services Inc. grew its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 2.9% in the 1st quarter. Fischer Financial Services Inc. now owns 141,167 shares of the company’s stock worth $13,165,000 after purchasing an additional 4,024 shares during the last quarter. Independence Financial Advisors LLC increased its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 6.5% in the third quarter. Independence Financial Advisors LLC now owns 131,483 shares of the company’s stock valued at $12,453,000 after buying an additional 8,027 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 5.3% during the first quarter. Kestra Advisory Services LLC now owns 86,544 shares of the company’s stock valued at $8,071,000 after purchasing an additional 4,351 shares during the last quarter. Finally, Global Assets Advisory LLC acquired a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the first quarter worth about $6,565,000.

Fidelity MSCI Consumer Discretionary Index ETF Company Profile

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.