Short Interest in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Declines By 94.2%

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 16,888 shares, a drop of 94.2% from the July 30th total of 288,763 shares. Based on an average daily trading volume, of 266,162 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Fidelity Investment Grade Securitized ETF Stock Up 0.5%

Shares of Fidelity Investment Grade Securitized ETF stock traded up $0.20 on Tuesday, reaching $43.64. The stock had a trading volume of 266,443 shares, compared to its average volume of 267,853. The company has a 50 day moving average price of $43.61 and a 200 day moving average price of $43.93. Fidelity Investment Grade Securitized ETF has a 1 year low of $42.97 and a 1 year high of $45.60.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

Several institutional investors have recently bought and sold shares of FSEC. Advisory Services Network LLC purchased a new position in Fidelity Investment Grade Securitized ETF in the third quarter worth $27,000. Bank of America Corp DE acquired a new position in shares of Fidelity Investment Grade Securitized ETF during the fourth quarter worth $45,000. Raymond James Financial Inc. purchased a new stake in shares of Fidelity Investment Grade Securitized ETF during the 2nd quarter valued at $52,000. EP Wealth Advisors LLC purchased a new stake in shares of Fidelity Investment Grade Securitized ETF during the 2nd quarter valued at $102,000. Finally, Royal Bank of Canada acquired a new stake in shares of Fidelity Investment Grade Securitized ETF in the 1st quarter worth $126,000.

Fidelity Investment Grade Securitized ETF Company Profile

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.