Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL) Sees Large Growth in Short Interest

by · The Cerbat Gem

Fidelity MSCI Financials Index ETF (NYSEARCA:FNCL – Get Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 27,054 shares, an increase of 160.5% from the December 15th total of 10,387 shares. Based on an average daily volume of 98,790 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 98,790 shares, the short-interest ratio is presently 0.3 days.

Fidelity MSCI Financials Index ETF Price Performance

Shares of FNCL opened at $77.72 on Friday. The stock’s 50-day moving average is $76.70 and its two-hundred day moving average is $75.71. The stock has a market cap of $2.43 billion, a PE ratio of 17.73 and a beta of 1.02. Fidelity MSCI Financials Index ETF has a 12 month low of $58.68 and a 12 month high of $80.31.

Institutional Trading of Fidelity MSCI Financials Index ETF

Large investors have recently bought and sold shares of the company. Briaud Financial Planning Inc purchased a new stake in shares of Fidelity MSCI Financials Index ETF during the second quarter valued at approximately $25,000. Caldwell Trust Co acquired a new stake in Fidelity MSCI Financials Index ETF during the 2nd quarter valued at $44,000. Larson Financial Group LLC increased its stake in Fidelity MSCI Financials Index ETF by 1,427.5% during the 3rd quarter. Larson Financial Group LLC now owns 611 shares of the company’s stock worth $47,000 after buying an additional 571 shares during the period. SYM FINANCIAL Corp acquired a new position in Fidelity MSCI Financials Index ETF in the 2nd quarter worth $52,000. Finally, Howe & Rusling Inc. acquired a new position in Fidelity MSCI Financials Index ETF in the 2nd quarter worth $59,000.

Fidelity MSCI Financials Index ETF Company Profile

(Get Free Report)

The Fidelity MSCI Financials Index ETF (FNCL) is an exchange-traded fund that is based on the MSCI USA IMI Financials 25\u002F50 index, a market-cap-weighted index of US financial companies across the entire market-cap spectrum. FNCL was launched on Oct 21, 2013 and is managed by Fidelity.

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