Fidelity Fundamental Developed International ETF (BATS:FFDI) Sees Significant Increase in Short Interest

Fidelity Fundamental Developed International ETF (BATS:FFDI) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 4,409 shares, a growth of 108.8% from the August 15th total of 2,112 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 2,016 shares, the short-interest ratio is currently 2.2 days.

Fidelity Fundamental Developed International ETF Price Performance

Shares of FFDI opened at $32.59 on Monday. Fidelity Fundamental Developed International ETF has a 52-week low of $28.34 and a 52-week high of $33.78. The company has a 50-day simple moving average of $32.63 and a 200-day simple moving average of $31.85. The company has a market capitalization of $19.55 million, a PE ratio of 20.60 and a beta of 0.59.

Institutional Investors Weigh In On Fidelity Fundamental Developed International ETF

Several institutional investors have recently modified their holdings of the company. Kestra Advisory Services LLC lifted its stake in Fidelity Fundamental Developed International ETF by 3.7% in the 1st quarter. Kestra Advisory Services LLC now owns 14,499 shares of the company’s stock valued at $430,000 after buying an additional 513 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in Fidelity Fundamental Developed International ETF by 21.9% during the first quarter. Kestra Private Wealth Services LLC now owns 11,306 shares of the company’s stock worth $335,000 after buying an additional 2,033 shares in the last quarter. Anson Capital Inc. raised its holdings in shares of Fidelity Fundamental Developed International ETF by 1.2% in the second quarter. Anson Capital Inc. now owns 173,648 shares of the company’s stock worth $5,677,000 after acquiring an additional 2,101 shares during the last quarter. Citadel Advisors LLC purchased a new stake in shares of Fidelity Fundamental Developed International ETF in the third quarter valued at $510,000. Finally, Jane Street Group LLC purchased a new stake in shares of Fidelity Fundamental Developed International ETF in the second quarter valued at $1,116,000.

About Fidelity Fundamental Developed International ETF

The Fidelity Fundamental Developed International ETF (FFDI) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to achieve long-term capital growth through an actively managed portfolio of developed markets ex-US equity securities selected based on fundamental factors. The fund includes issuers of any market capitalization. FFDI was launched on Nov 19, 2024 and is issued by Fidelity.