Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Short Interest Update

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 737,291 shares, an increase of 627.8% from the April 15th total of 101,311 shares. Based on an average daily trading volume, of 2,452,611 shares, the short-interest ratio is currently 0.3 days. Approximately 1.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Fidelity MSCI Energy Index ETF

Several institutional investors have recently made changes to their positions in FENY. Vicus Capital boosted its position in shares of Fidelity MSCI Energy Index ETF by 2,690.9% during the 1st quarter. Vicus Capital now owns 803,382 shares of the company’s stock worth $27,331,000 after purchasing an additional 774,596 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of Fidelity MSCI Energy Index ETF by 111,011.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock worth $14,070,000 after purchasing an additional 599,460 shares in the last quarter. Tower Research Capital LLC TRC purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the 3rd quarter worth $10,917,000. Lido Advisors LLC boosted its position in shares of Fidelity MSCI Energy Index ETF by 9.7% during the 3rd quarter. Lido Advisors LLC now owns 1,713,695 shares of the company’s stock worth $42,363,000 after purchasing an additional 151,870 shares in the last quarter. Finally, TBH Global Asset Management LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the 4th quarter worth $3,235,000.

Fidelity MSCI Energy Index ETF Stock Down 0.1%

NYSEARCA:FENY traded down $0.02 during midday trading on Wednesday, reaching $32.16. The stock had a trading volume of 1,067,123 shares, compared to its average volume of 4,545,765. The firm has a fifty day simple moving average of $32.28 and a two-hundred day simple moving average of $28.46. Fidelity MSCI Energy Index ETF has a 12-month low of $22.22 and a 12-month high of $35.26. The stock has a market cap of $2.01 billion, a P/E ratio of 15.17 and a beta of 0.46.

Fidelity MSCI Energy Index ETF Company Profile

The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.