Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Update

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 167,332 shares, an increase of 8,372.5% from the June 15th total of 1,975 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 711,284 shares, the days-to-cover ratio is currently 0.2 days.

Fidelity Investment Grade Securitized ETF Stock Down 0.2%

Shares of NYSEARCA FSEC traded down $0.07 during trading on Friday, reaching $43.67. 165,022 shares of the stock traded hands, compared to its average volume of 259,259. Fidelity Investment Grade Securitized ETF has a 52-week low of $42.97 and a 52-week high of $45.60. The company has a 50-day moving average of $43.84 and a 200-day moving average of $44.12.

Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF

Large investors have recently modified their holdings of the business. Bank of America Corp DE bought a new stake in shares of Fidelity Investment Grade Securitized ETF in the fourth quarter valued at approximately $45,000. Goldman Sachs Group Inc. bought a new stake in Fidelity Investment Grade Securitized ETF during the 1st quarter valued at $1,384,000. Creative Planning bought a new stake in Fidelity Investment Grade Securitized ETF during the 2nd quarter valued at $314,000. Cetera Investment Advisers purchased a new stake in shares of Fidelity Investment Grade Securitized ETF during the second quarter worth $471,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Fidelity Investment Grade Securitized ETF by 840.7% during the second quarter. JPMorgan Chase & Co. now owns 19,049 shares of the company’s stock worth $830,000 after acquiring an additional 17,024 shares in the last quarter.

Fidelity Investment Grade Securitized ETF Company Profile

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.