Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Short Interest Update

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 8,914 shares, a drop of 94.4% from the December 31st total of 158,730 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 190,800 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 190,800 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of Fidelity MSCI Health Care Index ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bell Investment Advisors Inc bought a new position in Fidelity MSCI Health Care Index ETF during the 2nd quarter valued at approximately $26,000. IMG Wealth Management Inc. bought a new position in shares of Fidelity MSCI Health Care Index ETF during the second quarter valued at $26,000. Cullen Frost Bankers Inc. bought a new position in shares of Fidelity MSCI Health Care Index ETF during the third quarter valued at $29,000. SYM FINANCIAL Corp purchased a new position in shares of Fidelity MSCI Health Care Index ETF in the 2nd quarter worth about $30,000. Finally, Russell Investments Group Ltd. boosted its stake in Fidelity MSCI Health Care Index ETF by 1,105.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 470 shares of the company’s stock worth $31,000 after purchasing an additional 431 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Stock Performance

Shares of Fidelity MSCI Health Care Index ETF stock traded down $0.66 during trading on Wednesday, hitting $74.04. The company’s stock had a trading volume of 288,316 shares, compared to its average volume of 188,592. Fidelity MSCI Health Care Index ETF has a 52 week low of $60.35 and a 52 week high of $77.10. The company has a market capitalization of $2.83 billion, a PE ratio of 21.23 and a beta of 0.67. The company has a fifty day simple moving average of $74.78 and a two-hundred day simple moving average of $69.55.

Fidelity MSCI Health Care Index ETF Company Profile

The Fidelity MSCI Health Care Index ETF (FHLC) is an exchange-traded fund that is based on the MSCI US IMI 25\u002F50 Health Care index, a market-cap-weighted index of stocks in the broad US health care sector. FHLC was launched on Oct 21, 2013 and is managed by Fidelity.