Fidelity Enhanced International ETF (NYSEARCA:FENI) Short Interest Update
by Sarita Garza · The Markets DailyFidelity Enhanced International ETF (NYSEARCA:FENI – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,435,065 shares, an increase of 1,684.1% from the May 31st total of 248,588 shares. Based on an average daily trading volume, of 1,736,366 shares, the days-to-cover ratio is currently 2.6 days. Currently, 1.9% of the company’s shares are short sold.
Institutional Investors Weigh In On Fidelity Enhanced International ETF
A number of large investors have recently modified their holdings of the stock. Your Advocates Ltd. LLP bought a new position in Fidelity Enhanced International ETF in the first quarter worth about $31,000. GHP Investment Advisors Inc. bought a new position in shares of Fidelity Enhanced International ETF in the 1st quarter worth approximately $33,000. Decker Retirement Planning Inc. purchased a new position in shares of Fidelity Enhanced International ETF in the 1st quarter valued at approximately $39,000. Archer Investment Corp grew its stake in Fidelity Enhanced International ETF by 244.5% in the first quarter. Archer Investment Corp now owns 1,106 shares of the company’s stock worth $41,000 after purchasing an additional 785 shares during the period. Finally, Meramec Financial Planners LLC bought a new stake in shares of Fidelity Enhanced International ETF during the 1st quarter valued at $52,000.
Fidelity Enhanced International ETF Trading Down 0.9%
Shares of FENI stock traded down $0.36 during trading hours on Friday, reaching $39.53. The company’s stock had a trading volume of 1,278,365 shares, compared to its average volume of 1,807,694. Fidelity Enhanced International ETF has a one year low of $32.44 and a one year high of $41.16. The stock has a market capitalization of $9.17 billion, a P/E ratio of 14.82 and a beta of 0.55. The firm’s fifty day simple moving average is $39.75 and its 200 day simple moving average is $38.69.
About Fidelity Enhanced International ETF
The Fidelity Enhanced International ETF (FENI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies of any capitalization in developed markets, excluding the US and Canada. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the MSCI EAFE Index. FENI was launched on Dec 20, 2007 and is issued by Fidelity.