Fidelity International Value Factor ETF (NYSEARCA:FIVA) Short Interest Down 49.2% in August

Fidelity International Value Factor ETF (NYSEARCA:FIVA) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 82,008 shares, a decrease of 49.2% from the July 30th total of 161,510 shares. Based on an average daily trading volume, of 109,532 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.5% of the company’s shares are short sold.

Fidelity International Value Factor ETF Stock Down 0.5%

Fidelity International Value Factor ETF stock traded down $0.19 during trading hours on Friday, reaching $39.81. 79,748 shares of the company’s stock were exchanged, compared to its average volume of 140,359. The firm’s 50 day simple moving average is $39.13 and its 200 day simple moving average is $37.65. Fidelity International Value Factor ETF has a twelve month low of $30.32 and a twelve month high of $40.39. The firm has a market capitalization of $597.15 million, a PE ratio of 11.15 and a beta of 0.71.

Institutional Trading of Fidelity International Value Factor ETF

Large investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Fidelity International Value Factor ETF by 247.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,739 shares of the company’s stock valued at $60,000 after acquiring an additional 1,239 shares in the last quarter. National Bank of Canada FI purchased a new stake in Fidelity International Value Factor ETF in the 3rd quarter valued at $56,000. Fifth Third Bancorp bought a new position in Fidelity International Value Factor ETF during the 1st quarter valued at $74,000. Advisory Services Network LLC bought a new position in Fidelity International Value Factor ETF during the 3rd quarter valued at $167,000. Finally, Asset Allocation Strategies LLC purchased a new position in Fidelity International Value Factor ETF during the 4th quarter worth $213,000.

About Fidelity International Value Factor ETF

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.