Short Interest in Fidelity Enhanced International ETF (NYSEARCA:FENI) Drops By 68.8%

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 241,623 shares, a decline of 68.8% from the August 15th total of 773,702 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,005,960 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Fidelity Enhanced International ETF

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada raised its position in shares of Fidelity Enhanced International ETF by 353.0% during the 1st quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock worth $486,000 after purchasing an additional 12,733 shares during the last quarter. Jane Street Group LLC boosted its holdings in Fidelity Enhanced International ETF by 149.8% in the 1st quarter. Jane Street Group LLC now owns 348,369 shares of the company’s stock worth $10,367,000 after buying an additional 208,895 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Fidelity Enhanced International ETF by 2,638.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 184,490 shares of the company’s stock worth $6,136,000 after buying an additional 177,753 shares during the last quarter. HUB Investment Partners LLC increased its stake in Fidelity Enhanced International ETF by 4.3% during the 2nd quarter. HUB Investment Partners LLC now owns 10,061 shares of the company’s stock worth $335,000 after buying an additional 414 shares in the last quarter. Finally, Betterment LLC purchased a new stake in Fidelity Enhanced International ETF during the 2nd quarter worth approximately $694,000.

Fidelity Enhanced International ETF Stock Up 1.0%

Shares of FENI stock traded up $0.39 during trading hours on Friday, hitting $40.96. 1,090,883 shares of the company’s stock were exchanged, compared to its average volume of 1,638,884. Fidelity Enhanced International ETF has a fifty-two week low of $34.36 and a fifty-two week high of $42.08. The firm has a market cap of $11.02 billion, a P/E ratio of 14.82 and a beta of 0.54. The firm has a 50 day moving average of $40.91 and a two-hundred day moving average of $39.78.

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.