Fidelity International Value Factor ETF (NYSEARCA:FIVA) Short Interest Update

Fidelity International Value Factor ETF (NYSEARCA:FIVA) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 267,091 shares, a growth of 463.7% from the December 15th total of 47,380 shares. Based on an average daily trading volume, of 124,479 shares, the short-interest ratio is presently 2.1 days. Approximately 2.5% of the shares of the company are short sold. Approximately 2.5% of the shares of the company are short sold. Based on an average daily trading volume, of 124,479 shares, the short-interest ratio is presently 2.1 days.

Hedge Funds Weigh In On Fidelity International Value Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC acquired a new stake in shares of Fidelity International Value Factor ETF during the 2nd quarter worth about $132,000. Benjamin Edwards Inc. grew its stake in Fidelity International Value Factor ETF by 183.4% during the third quarter. Benjamin Edwards Inc. now owns 30,040 shares of the company’s stock worth $940,000 after buying an additional 19,440 shares during the last quarter. Cetera Investment Advisers grew its stake in Fidelity International Value Factor ETF by 10.0% during the second quarter. Cetera Investment Advisers now owns 98,737 shares of the company’s stock worth $2,897,000 after buying an additional 8,978 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Fidelity International Value Factor ETF by 51.8% in the second quarter. Envestnet Asset Management Inc. now owns 20,707 shares of the company’s stock valued at $608,000 after acquiring an additional 7,066 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC bought a new position in shares of Fidelity International Value Factor ETF in the third quarter valued at approximately $550,000.

Fidelity International Value Factor ETF Stock Performance

Shares of NYSEARCA:FIVA traded up $0.20 during midday trading on Wednesday, reaching $35.49. 84,847 shares of the company’s stock were exchanged, compared to its average volume of 200,639. The company’s 50 day simple moving average is $33.31 and its two-hundred day simple moving average is $31.60. The firm has a market capitalization of $386.88 million, a PE ratio of 11.15 and a beta of 0.81. Fidelity International Value Factor ETF has a 12 month low of $23.44 and a 12 month high of $35.55.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.