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 the month of March. As of March 13th, there was short interest totaling 1,025,743 shares, an increase of 122.5% from the February 26th total of 461,053 shares. Based on an average daily trading volume, of 1,717,608 shares, the short-interest ratio is currently 0.6 days. Currently, 0.6% of the company’s stock are short sold.

Fidelity Enhanced International ETF Stock Down 1.0%

FENI stock traded down $0.35 during midday trading on Friday, hitting $36.05. The company’s stock had a trading volume of 1,352,234 shares, compared to its average volume of 2,169,135. The firm has a 50-day simple moving average of $38.75 and a 200-day simple moving average of $36.90. The firm has a market capitalization of $6.54 billion, a P/E ratio of 14.82 and a beta of 0.50. Fidelity Enhanced International ETF has a 52-week low of $26.21 and a 52-week high of $40.90.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Grey Fox Wealth Advisors LLC purchased a new stake in Fidelity Enhanced International ETF during the 3rd quarter worth about $38,000. Spire Wealth Management boosted its stake in shares of Fidelity Enhanced International ETF by 110.9% in the 4th quarter. Spire Wealth Management now owns 1,592 shares of the company’s stock valued at $58,000 after buying an additional 837 shares during the period. Allworth Financial LP boosted its stake in shares of Fidelity Enhanced International ETF by 21.1% in the 4th quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock valued at $61,000 after buying an additional 292 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Fidelity Enhanced International ETF by 386.2% during the third quarter. EverSource Wealth Advisors LLC now owns 1,867 shares of the company’s stock worth $66,000 after buying an additional 1,483 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in shares of Fidelity Enhanced International ETF during the fourth quarter worth approximately $70,000.

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.