Fidelity Enhanced International ETF (NYSEARCA:FENI) Short Interest Update

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,435,065 shares, a growth of 1,684.1% from the May 31st total of 248,588 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average trading volume of 1,736,366 shares, the short-interest ratio is currently 2.6 days.

Fidelity Enhanced International ETF Stock Performance

NYSEARCA FENI traded up $0.37 on Thursday, hitting $39.89. The stock had a trading volume of 1,418,049 shares, compared to its average volume of 1,812,105. Fidelity Enhanced International ETF has a 52-week low of $32.44 and a 52-week high of $41.16. The company has a market capitalization of $9.25 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55. The firm has a 50-day moving average of $39.76 and a 200-day moving average of $38.68.

Institutional Investors Weigh In On Fidelity Enhanced International ETF

A number of institutional investors and hedge funds have recently made changes to their positions in FENI. Your Advocates Ltd. LLP purchased a new position in Fidelity Enhanced International ETF during the first quarter worth about $31,000. GHP Investment Advisors Inc. purchased a new stake in shares of Fidelity Enhanced International ETF in the 1st quarter valued at about $33,000. Decker Retirement Planning Inc. purchased a new stake in shares of Fidelity Enhanced International ETF in the 1st quarter valued at about $39,000. Archer Investment Corp boosted its position in shares of Fidelity Enhanced International ETF by 244.5% during the 1st quarter. Archer Investment Corp now owns 1,106 shares of the company’s stock valued at $41,000 after acquiring an additional 785 shares during the last quarter. Finally, Meramec Financial Planners LLC bought a new stake in shares of Fidelity Enhanced International ETF during the 1st quarter valued at about $52,000.

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.