Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Sees Significant Decline in Short Interest

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 23,217 shares, a decline of 75.7% from the April 30th total of 95,736 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 205,256 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. J.W. Cole Advisors Inc. raised its holdings in Fidelity Investment Grade Securitized ETF by 4.8% in the 4th quarter. J.W. Cole Advisors Inc. now owns 5,350 shares of the company’s stock valued at $236,000 after acquiring an additional 246 shares during the last quarter. High Falls Advisors Inc raised its holdings in Fidelity Investment Grade Securitized ETF by 4.9% in the 4th quarter. High Falls Advisors Inc now owns 12,305 shares of the company’s stock valued at $543,000 after acquiring an additional 577 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Fidelity Investment Grade Securitized ETF during the 3rd quarter worth $27,000. Bank of America Corp DE acquired a new stake in shares of Fidelity Investment Grade Securitized ETF during the 4th quarter worth $45,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Fidelity Investment Grade Securitized ETF during the 2nd quarter worth $52,000.

Fidelity Investment Grade Securitized ETF Stock Performance

FSEC remained flat at $43.92 during trading on Friday. The company’s stock had a trading volume of 285,809 shares, compared to its average volume of 224,353. The business has a fifty day simple moving average of $43.96 and a 200 day simple moving average of $44.24. Fidelity Investment Grade Securitized ETF has a 52 week low of $42.63 and a 52 week high of $45.60.

About Fidelity Investment Grade Securitized ETF

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.