Fidelity International Multifactor ETF (BATS:FDEV) Sees Large Increase in Short Interest

Fidelity International Multifactor ETF (BATS:FDEV) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 1,917 shares, a growth of 102.9% from the July 15th total of 945 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 25,239 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity International Multifactor ETF Trading Up 0.4%

FDEV stock opened at $37.91 on Friday. The stock has a 50-day moving average price of $36.38 and a two-hundred day moving average price of $36.41. Fidelity International Multifactor ETF has a 1 year low of $32.43 and a 1 year high of $38.08. The stock has a market cap of $197.13 million, a PE ratio of 16.06 and a beta of 0.73.

Institutional Trading of Fidelity International Multifactor ETF

Institutional investors have recently made changes to their positions in the business. Centaurus Financial Inc. lifted its position in Fidelity International Multifactor ETF by 4.1% during the 1st quarter. Centaurus Financial Inc. now owns 8,801 shares of the company’s stock worth $314,000 after buying an additional 344 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in shares of Fidelity International Multifactor ETF by 5.2% in the third quarter. Kestra Private Wealth Services LLC now owns 13,207 shares of the company’s stock valued at $438,000 after acquiring an additional 655 shares during the last quarter. Elyxium Wealth LLC bought a new stake in Fidelity International Multifactor ETF during the fourth quarter worth about $30,000. IFP Advisors Inc bought a new stake in Fidelity International Multifactor ETF during the fourth quarter worth about $55,000. Finally, Wells Fargo & Company MN acquired a new position in Fidelity International Multifactor ETF during the fourth quarter valued at approximately $65,000.

Fidelity International Multifactor ETF Company Profile

The Fidelity International Multifactor ETF (FDEV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factored index of developed ex-US companies. FDEV was launched on Feb 26, 2019 and is managed by Fidelity.