Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 106,270 shares, a growth of 314.3% from the August 31st total of 25,648 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 464,978 shares, the short-interest ratio is presently 0.2 days.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Allworth Financial LP boosted its stake in shares of Fidelity Investment Grade Securitized ETF by 42.1% during the 2nd quarter. Allworth Financial LP now owns 2,629 shares of the company’s stock worth $115,000 after acquiring an additional 779 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Fidelity Investment Grade Securitized ETF during the second quarter valued at $11,071,000. Nwam LLC purchased a new stake in shares of Fidelity Investment Grade Securitized ETF during the second quarter valued at $201,000. Midwest Financial Network LLC boosted its position in shares of Fidelity Investment Grade Securitized ETF by 113.2% in the 2nd quarter. Midwest Financial Network LLC now owns 34,887 shares of the company’s stock valued at $1,529,000 after purchasing an additional 18,527 shares during the period. Finally, RDA Financial Network boosted its position in shares of Fidelity Investment Grade Securitized ETF by 77.7% in the 2nd quarter. RDA Financial Network now owns 8,458 shares of the company’s stock valued at $371,000 after purchasing an additional 3,697 shares during the period.
Fidelity Investment Grade Securitized ETF Stock Up 0.4%
Shares of NYSEARCA FSEC traded up $0.18 during midday trading on Friday, reaching $42.19. The company’s stock had a trading volume of 482,591 shares, compared to its average volume of 285,599. The company has a 50 day moving average price of $43.18 and a 200 day moving average price of $43.67. Fidelity Investment Grade Securitized ETF has a one year low of $41.89 and a one year high of $44.99.
About Fidelity Investment Grade Securitized ETF
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.
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