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

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 635,915 shares, a growth of 325.0% from the June 30th total of 149,621 shares. Based on an average daily volume of 1,631,279 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

A number of large investors have recently made changes to their positions in the business. D.A. Davidson & CO. grew its position in Fidelity Enhanced International ETF by 10.3% in the 4th quarter. D.A. Davidson & CO. now owns 211,465 shares of the company’s stock worth $7,735,000 after purchasing an additional 19,799 shares during the last quarter. KFG Wealth Management LLC lifted its holdings in shares of Fidelity Enhanced International ETF by 8.2% in the fourth quarter. KFG Wealth Management LLC now owns 1,260,747 shares of the company’s stock valued at $46,118,000 after purchasing an additional 95,825 shares in the last quarter. Savvy Advisors Inc. boosted its stake in shares of Fidelity Enhanced International ETF by 721.3% during the 4th quarter. Savvy Advisors Inc. now owns 55,395 shares of the company’s stock worth $2,026,000 after buying an additional 48,650 shares during the last quarter. Mayfair Advisory Group LLC grew its holdings in shares of Fidelity Enhanced International ETF by 92.9% in the 4th quarter. Mayfair Advisory Group LLC now owns 188,187 shares of the company’s stock valued at $6,970,000 after acquiring an additional 90,615 shares in the last quarter. Finally, UBS Group AG increased its position in shares of Fidelity Enhanced International ETF by 425.2% in the fourth quarter. UBS Group AG now owns 817,831 shares of the company’s stock valued at $29,916,000 after acquiring an additional 662,121 shares during the last quarter.

Fidelity Enhanced International ETF Price Performance

Fidelity Enhanced International ETF stock opened at $39.84 on Friday. The company has a market cap of $10.58 billion, a P/E ratio of 14.82 and a beta of 0.55. The firm’s 50 day simple moving average is $40.03 and its 200-day simple moving average is $39.18. Fidelity Enhanced International ETF has a fifty-two week low of $32.44 and a fifty-two week high of $41.16.

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.