Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Short Interest Update

Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 193,761 shares, a growth of 44.3% from the February 26th total of 134,231 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 236,532 shares, the days-to-cover ratio is currently 0.8 days.

Fidelity MSCI Consumer Staples Index ETF Stock Performance

NYSEARCA FSTA traded up $0.45 on Monday, reaching $52.45. 120,747 shares of the stock traded hands, compared to its average volume of 220,578. Fidelity MSCI Consumer Staples Index ETF has a 12 month low of $47.45 and a 12 month high of $56.93. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 22.37 and a beta of 0.56. The company has a fifty day moving average price of $54.10 and a 200-day moving average price of $51.32.

Institutional Trading of Fidelity MSCI Consumer Staples Index ETF

Hedge funds have recently added to or reduced their stakes in the business. Elyxium Wealth LLC purchased a new position in Fidelity MSCI Consumer Staples Index ETF during the 4th quarter valued at about $26,000. IFC & Insurance Marketing Inc. bought a new position in Fidelity MSCI Consumer Staples Index ETF in the fourth quarter worth approximately $28,000. Deutsche Bank AG purchased a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the 4th quarter worth $38,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Fidelity MSCI Consumer Staples Index ETF during the fourth quarter valued at about $49,000. Finally, Farther Finance Advisors LLC grew its position in shares of Fidelity MSCI Consumer Staples Index ETF by 140.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,025 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 599 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Company Profile

The Fidelity MSCI Consumer Staples Index ETF (FSTA) is an exchange-traded fund that is based on the MSCI USA IMI Consumer Staples 25\u002F50 index, a market-cap-weighted index of US consumer staples companies across the entire market-cap spectrum. FSTA was launched on Oct 21, 2013 and is managed by Fidelity.