Short Interest in Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Declines By 94.4%

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

Institutional Investors Weigh In On Fidelity MSCI Health Care Index ETF

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

Fidelity MSCI Health Care Index ETF Trading Down 0.3%

Shares of Fidelity MSCI Health Care Index ETF stock traded down $0.20 during midday trading on Thursday, reaching $73.84. The company had a trading volume of 145,544 shares, compared to its average volume of 186,334. The stock has a fifty day simple moving average of $74.82 and a 200 day simple moving average of $69.62. Fidelity MSCI Health Care Index ETF has a 1-year low of $60.35 and a 1-year high of $77.10. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 21.23 and a beta of 0.67.

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.