Fidelity Enhanced International ETF (NYSEARCA:FENI) Sees Significant Growth in Short Interest

Fidelity Enhanced International ETF (NYSEARCA:FENIGet Free Report) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 356,442 shares, an increase of 94.7% from the April 15th total of 183,112 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 1,192,658 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Fidelity Enhanced International ETF by 74.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 7,950,844 shares of the company’s stock valued at $280,506,000 after purchasing an additional 3,400,521 shares in the last quarter. Osaic Holdings Inc. lifted its stake in Fidelity Enhanced International ETF by 151.2% in the 4th quarter. Osaic Holdings Inc. now owns 4,375,550 shares of the company’s stock valued at $160,085,000 after purchasing an additional 2,633,659 shares during the last quarter. Wells Fargo & Company MN boosted its position in Fidelity Enhanced International ETF by 105.0% in the fourth quarter. Wells Fargo & Company MN now owns 4,541,258 shares of the company’s stock valued at $166,119,000 after buying an additional 2,325,511 shares in the last quarter. Jane Street Group LLC boosted its position in Fidelity Enhanced International ETF by 579.0% in the fourth quarter. Jane Street Group LLC now owns 2,600,000 shares of the company’s stock valued at $95,108,000 after buying an additional 2,217,067 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Fidelity Enhanced International ETF by 276.4% during the fourth quarter. Cetera Investment Advisers now owns 2,961,266 shares of the company’s stock worth $108,323,000 after buying an additional 2,174,512 shares during the last quarter.

Fidelity Enhanced International ETF Stock Performance

Shares of NYSEARCA FENI traded down $0.76 during mid-day trading on Friday, reaching $39.08. The company had a trading volume of 1,473,530 shares, compared to its average volume of 1,899,648. The firm has a market cap of $9.07 billion, a price-to-earnings ratio of 14.82 and a beta of 0.56. The business’s 50-day simple moving average is $38.45 and its 200 day simple moving average is $37.76. Fidelity Enhanced International ETF has a one year low of $31.65 and a one year high of $40.90.

About Fidelity Enhanced International ETF

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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.

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