Fidelity High Dividend ETF (NYSEARCA:FDVV) Short Interest Down 79.6% in June

Fidelity High Dividend ETF (NYSEARCA:FDVV) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 31,227 shares, a drop of 79.6% from the June 15th total of 153,352 shares. Based on an average daily volume of 807,623 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Fidelity High Dividend ETF

Institutional investors have recently bought and sold shares of the business. Federation des caisses Desjardins du Quebec acquired a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $25,000. Monetary Solutions Ltd acquired a new position in Fidelity High Dividend ETF in the 4th quarter valued at approximately $26,000. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the 2nd quarter valued at approximately $27,000. Optima Capital LLC purchased a new stake in Fidelity High Dividend ETF in the 4th quarter worth approximately $33,000. Finally, Global Assets Advisory LLC purchased a new stake in Fidelity High Dividend ETF in the 1st quarter worth approximately $36,000.

Fidelity High Dividend ETF Trading Down 0.3%

NYSEARCA:FDVV traded down $0.20 during trading hours on Monday, hitting $61.94. 1,303,663 shares of the stock traded hands, compared to its average volume of 931,456. The firm has a 50 day moving average price of $60.56 and a 200 day moving average price of $58.59. The firm has a market cap of $10.00 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a fifty-two week low of $52.48 and a fifty-two week high of $62.40.

Fidelity High Dividend ETF Company Profile

The Fidelity High Dividend ETF (FDVV) is an exchange-traded fund that is based on the Fidelity High Dividend index. The fund tracks an index of large- and mid-cap companies that exhibit positive dividend characteristics, with overweights to sectors that exhibit higher dividend yield. FDVV was launched on Sep 12, 2016 and is managed by Fidelity.