Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Stock Short Interest Report for October

Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 41,006 shares, a growth of 131.7% from the October 15th total of 17,696 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 345,709 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Fidelity MSCI Industrials Index ETF

A number of large investors have recently added to or reduced their stakes in FIDU. Lido Advisors LLC bought a new position in shares of Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at approximately $160,597,000. Commonwealth Equity Services LLC bought a new stake in Fidelity MSCI Industrials Index ETF in the third quarter worth $29,316,000. Sanctuary Advisors LLC increased its position in Fidelity MSCI Industrials Index ETF by 4.8% in the first quarter. Sanctuary Advisors LLC now owns 182,270 shares of the company’s stock worth $15,770,000 after purchasing an additional 8,351 shares during the last quarter. Independence Financial Advisors LLC increased its position in Fidelity MSCI Industrials Index ETF by 4.4% in the third quarter. Independence Financial Advisors LLC now owns 142,295 shares of the company’s stock worth $12,605,000 after purchasing an additional 5,970 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in Fidelity MSCI Industrials Index ETF by 13.6% during the first quarter. Bank of America Corp DE now owns 142,307 shares of the company’s stock valued at $12,312,000 after purchasing an additional 16,992 shares in the last quarter.

Fidelity MSCI Industrials Index ETF Stock Down 0.5%

Shares of FIDU stock opened at $89.49 on Friday. The stock has a market cap of $2.29 billion, a P/E ratio of 26.35 and a beta of 1.03. Fidelity MSCI Industrials Index ETF has a 52 week low of $78.27 and a 52 week high of $100.00. The company’s fifty day simple moving average is $89.59 and its two-hundred day simple moving average is $92.68.

About Fidelity MSCI Industrials Index ETF

The Fidelity MSCI Industrials Index ETF (FIDU) is an exchange-traded fund that is based on the MSCI USA IMI Industrials 25\u002F25 index, a market-cap-weighted index of stocks in the broad US industrials sector. FIDU was launched on Oct 21, 2013 and is managed by Fidelity.