Fidelity Enhanced International ETF (NYSEARCA:FENI) Short Interest Update

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 635,915 shares, an increase of 325.0% from the June 30th total of 149,621 shares. Based on an average daily trading volume, of 1,631,279 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

Fidelity Enhanced International ETF Trading Up 0.4%

Shares of NYSEARCA:FENI opened at $39.99 on Tuesday. The stock has a 50 day moving average of $40.04 and a 200 day moving average of $39.21. The company has a market cap of $10.62 billion, a PE ratio of 14.82 and a beta of 0.55. Fidelity Enhanced International ETF has a 12-month low of $32.44 and a 12-month high of $41.16.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

Hedge funds have recently modified their holdings of the company. Orrstown Financial Services Inc. increased its stake in shares of Fidelity Enhanced International ETF by 1.3% in the second quarter. Orrstown Financial Services Inc. now owns 1,534,642 shares of the company’s stock worth $61,585,000 after purchasing an additional 19,039 shares in the last quarter. Warner Financial Inc. boosted its holdings in Fidelity Enhanced International ETF by 10.4% in the 2nd quarter. Warner Financial Inc. now owns 88,115 shares of the company’s stock worth $3,536,000 after buying an additional 8,292 shares during the period. Centurion Wealth Management LLC bought a new position in Fidelity Enhanced International ETF in the 2nd quarter worth $512,000. Focus Financial Network Inc. boosted its holdings in Fidelity Enhanced International ETF by 10.0% in the 2nd quarter. Focus Financial Network Inc. now owns 29,781 shares of the company’s stock worth $1,195,000 after buying an additional 2,718 shares during the period. Finally, Breakwater Capital Group lifted its holdings in Fidelity Enhanced International ETF by 6.8% in the 2nd quarter. Breakwater Capital Group now owns 60,162 shares of the company’s stock worth $2,414,000 after purchasing an additional 3,848 shares in the last quarter.

Fidelity Enhanced International ETF Company Profile

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.