Fidelity Enhanced International ETF (NYSEARCA:FENI) Short Interest Up 94.7% in April

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 356,442 shares, a growth of 94.7% from the April 15th total of 183,112 shares. Based on an average daily trading volume, of 1,192,658 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Fidelity Enhanced International ETF Price Performance

FENI opened at $39.46 on Tuesday. Fidelity Enhanced International ETF has a fifty-two week low of $31.80 and a fifty-two week high of $40.90. The firm’s fifty day moving average price is $38.47 and its two-hundred day moving average price is $37.80. The company has a market capitalization of $9.15 billion, a P/E ratio of 14.82 and a beta of 0.56.

Institutional Investors Weigh In On Fidelity Enhanced International ETF

Several institutional investors and hedge funds have recently made changes to their positions in FENI. Royal Bank of Canada boosted its stake in shares of Fidelity Enhanced International ETF by 353.0% in the 1st quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock valued at $486,000 after purchasing an additional 12,733 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Fidelity Enhanced International ETF by 149.8% in the 1st quarter. Jane Street Group LLC now owns 348,369 shares of the company’s stock valued at $10,367,000 after purchasing an additional 208,895 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Enhanced International ETF by 2,638.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 184,490 shares of the company’s stock valued at $6,136,000 after purchasing an additional 177,753 shares in the last quarter. HUB Investment Partners LLC boosted its stake in shares of Fidelity Enhanced International ETF by 4.3% in the 2nd quarter. HUB Investment Partners LLC now owns 10,061 shares of the company’s stock valued at $335,000 after purchasing an additional 414 shares in the last quarter. Finally, Betterment LLC acquired a new stake in shares of Fidelity Enhanced International ETF in the 2nd quarter valued at $694,000.

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.