Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Short Interest Down 53.9% in August

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 134,760 shares, a decline of 53.9% from the August 15th total of 292,452 shares. Based on an average daily trading volume, of 869,630 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

Fidelity MSCI Energy Index ETF Trading Up 2.3%

Shares of Fidelity MSCI Energy Index ETF stock traded up $0.81 during trading hours on Tuesday, reaching $36.51. The stock had a trading volume of 1,919,092 shares, compared to its average volume of 3,042,031. The stock’s 50 day moving average is $33.74 and its 200 day moving average is $32.51. Fidelity MSCI Energy Index ETF has a twelve month low of $23.52 and a twelve month high of $36.60. The firm has a market capitalization of $2.22 billion, a PE ratio of 15.17 and a beta of 0.45.

Institutional Trading of Fidelity MSCI Energy Index ETF

Several institutional investors have recently bought and sold shares of FENY. Lido Advisors LLC increased its position in shares of Fidelity MSCI Energy Index ETF by 2.3% in the first quarter. Lido Advisors LLC now owns 1,755,925 shares of the company’s stock valued at $59,737,000 after buying an additional 38,901 shares in the last quarter. Vicus Capital grew its stake in Fidelity MSCI Energy Index ETF by 2,690.9% in the 1st quarter. Vicus Capital now owns 803,382 shares of the company’s stock valued at $27,331,000 after acquiring an additional 774,596 shares during the period. Cetera Investment Advisers grew its stake in Fidelity MSCI Energy Index ETF by 29.4% in the 1st quarter. Cetera Investment Advisers now owns 428,397 shares of the company’s stock valued at $14,574,000 after acquiring an additional 97,412 shares during the period. BNP Paribas Financial Markets increased its holdings in Fidelity MSCI Energy Index ETF by 3,899,900.0% in the 4th quarter. BNP Paribas Financial Markets now owns 351,000 shares of the company’s stock worth $8,694,000 after acquiring an additional 350,991 shares in the last quarter. Finally, Bank of America Corp DE raised its position in Fidelity MSCI Energy Index ETF by 15.6% during the first quarter. Bank of America Corp DE now owns 238,526 shares of the company’s stock worth $8,115,000 after acquiring an additional 32,166 shares during the period.

Fidelity MSCI Energy Index ETF Company Profile

The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.