Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Get Free Report) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 178,026 shares, a drop of 34.5% from the May 14th total of 271,589 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 1,966,694 shares, the short-interest ratio is presently 0.1 days.
Fidelity MSCI Energy Index ETF Stock Performance
NYSEARCA:FENY traded down $0.13 during mid-day trading on Wednesday, hitting $30.57. 1,331,770 shares of the stock were exchanged, compared to its average volume of 3,983,403. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 15.17 and a beta of 0.42. The firm’s 50-day simple moving average is $32.13 and its 200 day simple moving average is $29.75. Fidelity MSCI Energy Index ETF has a fifty-two week low of $23.23 and a fifty-two week high of $35.26.
Institutional Trading of Fidelity MSCI Energy Index ETF
Hedge funds have recently added to or reduced their stakes in the company. Vicus Capital increased its stake in shares of Fidelity MSCI Energy Index ETF by 2,690.9% in the 1st quarter. Vicus Capital now owns 803,382 shares of the company’s stock valued at $27,331,000 after purchasing an additional 774,596 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Fidelity MSCI Energy Index ETF by 111,011.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock valued at $14,070,000 after purchasing an additional 599,460 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in shares of Fidelity MSCI Energy Index ETF in the 3rd quarter valued at $10,917,000. Lido Advisors LLC increased its stake in shares of Fidelity MSCI Energy Index ETF by 9.7% in the 3rd quarter. Lido Advisors LLC now owns 1,713,695 shares of the company’s stock valued at $42,363,000 after purchasing an additional 151,870 shares during the last quarter. Finally, TBH Global Asset Management LLC bought a new position in shares of Fidelity MSCI Energy Index ETF in the 4th quarter valued at $3,235,000.
Fidelity MSCI Energy Index ETF Company Profile
The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.
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