Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Short Interest Update

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 49,283 shares, a drop of 53.2% from the May 14th total of 105,391 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 82,562 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 99.2% in the third quarter. Russell Investments Group Ltd. now owns 257 shares of the company’s stock valued at $26,000 after acquiring an additional 128 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 103.9% in the fourth quarter. Sound Income Strategies LLC now owns 312 shares of the company’s stock valued at $33,000 after acquiring an additional 159 shares during the last quarter. Larson Financial Group LLC bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 3rd quarter valued at $33,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF during the 4th quarter valued at $35,000. Finally, Federation des caisses Desjardins du Quebec raised its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 100.0% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 398 shares of the company’s stock valued at $41,000 after acquiring an additional 199 shares during the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Trading Up 0.2%

Fidelity MSCI Consumer Discretionary Index ETF stock traded up $0.20 during mid-day trading on Friday, hitting $101.97. The stock had a trading volume of 77,721 shares, compared to its average volume of 110,422. The stock has a 50-day simple moving average of $100.73 and a two-hundred day simple moving average of $100.88. The stock has a market capitalization of $1.77 billion, a PE ratio of 25.42 and a beta of 1.23. Fidelity MSCI Consumer Discretionary Index ETF has a 12 month low of $89.95 and a 12 month high of $107.45.

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.