Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Short Interest Update

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 52,066 shares, a drop of 34.7% from the December 15th total of 79,698 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 85,212 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 85,212 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the shares of the company are sold short.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

Fidelity MSCI Consumer Discretionary Index ETF stock traded down $0.49 during midday trading on Friday, hitting $105.34. 113,100 shares of the company were exchanged, compared to its average volume of 112,082. The business has a fifty day simple moving average of $102.37 and a two-hundred day simple moving average of $100.63. The firm has a market capitalization of $2.01 billion, a PE ratio of 25.42 and a beta of 1.26. Fidelity MSCI Consumer Discretionary Index ETF has a fifty-two week low of $74.00 and a fifty-two week high of $107.45.

Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Several large investors have recently bought and sold shares of FDIS. PFG Advisors lifted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 22,112.4% in the second quarter. PFG Advisors now owns 665,707 shares of the company’s stock valued at $62,623,000 after acquiring an additional 662,710 shares in the last quarter. Lido Advisors LLC boosted its position in Fidelity MSCI Consumer Discretionary Index ETF by 9.0% during the third quarter. Lido Advisors LLC now owns 1,482,404 shares of the company’s stock worth $152,495,000 after acquiring an additional 122,734 shares during the last quarter. Assetmark Inc. lifted its stake in Fidelity MSCI Consumer Discretionary Index ETF by 127.5% in the 3rd quarter. Assetmark Inc. now owns 148,075 shares of the company’s stock worth $15,232,000 after purchasing an additional 82,996 shares in the last quarter. AE Wealth Management LLC boosted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 12.2% during the 3rd quarter. AE Wealth Management LLC now owns 762,658 shares of the company’s stock worth $78,455,000 after purchasing an additional 82,744 shares during the last quarter. Finally, Independence Financial Advisors LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the second quarter valued at approximately $5,512,000.

Fidelity MSCI Consumer Discretionary Index ETF Company Profile

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.