Short Interest in Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Declines By 52.3%

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 54,602 shares, a decline of 52.3% from the July 15th total of 114,352 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 85,796 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Several institutional investors have recently bought and sold shares of the business. Comerica Bank grew its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 7.1% during the third quarter. Comerica Bank now owns 1,905 shares of the company’s stock valued at $196,000 after purchasing an additional 126 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in Fidelity MSCI Consumer Discretionary Index ETF by 99.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 257 shares of the company’s stock worth $26,000 after purchasing an additional 128 shares during the last quarter. Centaurus Financial Inc. lifted its position in Fidelity MSCI Consumer Discretionary Index ETF by 3.3% during the 1st quarter. Centaurus Financial Inc. now owns 5,760 shares of the company’s stock worth $537,000 after acquiring an additional 184 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its position in Fidelity MSCI Consumer Discretionary Index ETF by 100.0% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 398 shares of the company’s stock worth $41,000 after buying an additional 199 shares during the period. Finally, Smithfield Trust Co grew its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 5.1% during the 4th quarter. Smithfield Trust Co now owns 4,131 shares of the company’s stock worth $421,000 after purchasing an additional 200 shares in the last quarter.

Fidelity MSCI Consumer Discretionary Index ETF Stock Performance

NYSEARCA FDIS traded down $0.14 during trading hours on Friday, hitting $103.43. The company had a trading volume of 76,551 shares, compared to its average volume of 100,878. The company has a market cap of $1.72 billion, a PE ratio of 25.42 and a beta of 1.23. Fidelity MSCI Consumer Discretionary Index ETF has a 1-year low of $89.95 and a 1-year high of $107.45. The business has a 50 day moving average of $101.67 and a 200-day moving average of $100.28.

Fidelity MSCI Consumer Discretionary Index ETF Company Profile

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.