Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 54,568 shares, an increase of 159.3% from the September 15th total of 21,047 shares. Based on an average daily volume of 135,536 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are sold short.
Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF
Several hedge funds have recently modified their holdings of FDIS. Jacobs Equity LLC acquired a new position in Fidelity MSCI Consumer Discretionary Index ETF in the 4th quarter valued at approximately $1,376,000. Royal Bank of Canada lifted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 46.3% in the 1st quarter. Royal Bank of Canada now owns 33,432 shares of the company’s stock worth $3,118,000 after acquiring an additional 10,586 shares during the period. Penobscot Wealth Management grew its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 16.5% during the 1st quarter. Penobscot Wealth Management now owns 40,194 shares of the company’s stock worth $3,748,000 after purchasing an additional 5,705 shares in the last quarter. Independence Financial Advisors LLC grew its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 6.5% during the 3rd quarter. Independence Financial Advisors LLC now owns 131,483 shares of the company’s stock worth $12,453,000 after purchasing an additional 8,027 shares in the last quarter. Finally, Lido Advisors LLC grew its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 1.3% during the 1st quarter. Lido Advisors LLC now owns 1,503,754 shares of the company’s stock worth $140,240,000 after purchasing an additional 19,658 shares in the last quarter.
Fidelity MSCI Consumer Discretionary Index ETF Trading Up 0.1%
FDIS traded up $0.14 during midday trading on Tuesday, reaching $97.82. The company’s stock had a trading volume of 58,455 shares, compared to its average volume of 102,848. The stock has a market cap of $1.63 billion, a P/E ratio of 25.42 and a beta of 1.26. The company has a fifty day simple moving average of $99.61 and a 200 day simple moving average of $100.19. Fidelity MSCI Consumer Discretionary Index ETF has a twelve month low of $89.95 and a twelve month high of $107.45.
About Fidelity MSCI Consumer Discretionary Index ETF
The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.
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