Fidelity Enhanced International ETF (NYSEARCA:FENI) Sees Large Increase in Short Interest

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 557,151 shares, a growth of 387.4% from the December 15th total of 114,305 shares. Based on an average trading volume of 1,407,043 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are short sold. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 1,407,043 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FENI. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity Enhanced International ETF by 366.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,550,323 shares of the company’s stock valued at $151,344,000 after acquiring an additional 3,574,976 shares in the last quarter. Syntegra Private Wealth Group LLC boosted its holdings in shares of Fidelity Enhanced International ETF by 3,759.2% during the 2nd quarter. Syntegra Private Wealth Group LLC now owns 2,079,283 shares of the company’s stock valued at $69,157,000 after purchasing an additional 2,025,404 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity Enhanced International ETF by 81.6% in the third quarter. Commonwealth Equity Services LLC now owns 4,109,577 shares of the company’s stock worth $144,986,000 after purchasing an additional 1,846,297 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Fidelity Enhanced International ETF by 178.7% in the third quarter. Raymond James Financial Inc. now owns 2,254,191 shares of the company’s stock worth $79,528,000 after purchasing an additional 1,445,409 shares during the last quarter. Finally, Ameriprise Financial Inc. purchased a new stake in shares of Fidelity Enhanced International ETF in the third quarter worth about $44,603,000.

Fidelity Enhanced International ETF Stock Down 0.4%

NYSEARCA FENI traded down $0.16 during trading hours on Tuesday, reaching $37.86. The company’s stock had a trading volume of 472,596 shares, compared to its average volume of 1,814,963. Fidelity Enhanced International ETF has a 1 year low of $26.21 and a 1 year high of $38.21. The company has a market capitalization of $6.24 billion, a price-to-earnings ratio of 14.82 and a beta of 0.50. The firm’s 50-day moving average price is $36.19 and its 200-day moving average price is $35.04.

Fidelity Enhanced International ETF Company Profile

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.