Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Update

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 16,888 shares, a decrease of 94.2% from the July 30th total of 288,763 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 266,162 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF

Hedge funds have recently made changes to their positions in the business. J.W. Cole Advisors Inc. lifted its position in shares of Fidelity Investment Grade Securitized ETF by 4.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 5,350 shares of the company’s stock worth $236,000 after buying an additional 246 shares during the period. High Falls Advisors Inc grew its position in Fidelity Investment Grade Securitized ETF by 4.9% in the fourth quarter. High Falls Advisors Inc now owns 12,305 shares of the company’s stock valued at $543,000 after acquiring an additional 577 shares during the period. Advisory Services Network LLC acquired a new position in Fidelity Investment Grade Securitized ETF during the third quarter worth $27,000. Bank of America Corp DE acquired a new position in Fidelity Investment Grade Securitized ETF during the fourth quarter worth $45,000. Finally, Raymond James Financial Inc. bought a new position in shares of Fidelity Investment Grade Securitized ETF during the second quarter valued at $52,000.

Fidelity Investment Grade Securitized ETF Stock Down 0.1%

Shares of NYSEARCA FSEC traded down $0.03 during mid-day trading on Thursday, hitting $43.53. The company had a trading volume of 225,776 shares, compared to its average volume of 267,508. The business’s 50-day simple moving average is $43.61 and its 200-day simple moving average is $43.93. Fidelity Investment Grade Securitized ETF has a 12 month low of $42.97 and a 12 month high of $45.60.

Fidelity Investment Grade Securitized ETF Company Profile

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.