Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Up 805.5% in May

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 210,222 shares, an increase of 805.5% from the May 14th total of 23,217 shares. Based on an average daily trading volume, of 316,434 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the company’s stock are short sold.

Fidelity Investment Grade Securitized ETF Trading Up 0.5%

Shares of Fidelity Investment Grade Securitized ETF stock traded up $0.24 during trading hours on Thursday, reaching $43.95. 203,759 shares of the company’s stock were exchanged, compared to its average volume of 221,606. The company has a 50 day moving average of $43.94 and a two-hundred day moving average of $44.20. Fidelity Investment Grade Securitized ETF has a fifty-two week low of $42.87 and a fifty-two week high of $45.60.

Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF

A number of large investors have recently modified their holdings of the business. J.W. Cole Advisors Inc. boosted its stake in shares of Fidelity Investment Grade Securitized ETF by 4.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 5,350 shares of the company’s stock worth $236,000 after buying an additional 246 shares during the last quarter. High Falls Advisors Inc raised its holdings in shares of Fidelity Investment Grade Securitized ETF by 4.9% in the 4th quarter. High Falls Advisors Inc now owns 12,305 shares of the company’s stock valued at $543,000 after purchasing an additional 577 shares during the period. Advisory Services Network LLC bought a new stake in shares of Fidelity Investment Grade Securitized ETF in the 3rd quarter valued at about $27,000. Bank of America Corp DE bought a new stake in shares of Fidelity Investment Grade Securitized ETF in the 4th quarter valued at about $45,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Fidelity Investment Grade Securitized ETF in the 2nd quarter valued at about $52,000.

About Fidelity Investment Grade Securitized ETF

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.