Short Interest in Fidelity Enhanced International ETF (NYSEARCA:FENI) Expands By 182.2%

Fidelity Enhanced International ETF (NYSEARCA:FENI) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 1,005,902 shares, an increase of 182.2% from the April 30th total of 356,442 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 1,499,198 shares, the short-interest ratio is currently 0.7 days.

Fidelity Enhanced International ETF Price Performance

FENI stock opened at $40.34 on Monday. The firm has a market cap of $9.36 billion, a PE ratio of 14.82 and a beta of 0.56. The business has a 50 day moving average of $38.85 and a 200-day moving average of $38.08. Fidelity Enhanced International ETF has a 12-month low of $31.80 and a 12-month high of $40.90.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

Several institutional investors have recently modified their holdings of the business. Gibson Capital LLC lifted its stake in Fidelity Enhanced International ETF by 4.6% in the first quarter. Gibson Capital LLC now owns 6,403 shares of the company’s stock valued at $238,000 after purchasing an additional 284 shares during the last quarter. Allworth Financial LP lifted its stake in Fidelity Enhanced International ETF by 21.1% in the fourth quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock valued at $61,000 after purchasing an additional 292 shares during the last quarter. Sovran Advisors LLC lifted its stake in Fidelity Enhanced International ETF by 4.2% in the first quarter. Sovran Advisors LLC now owns 7,564 shares of the company’s stock valued at $297,000 after purchasing an additional 304 shares during the last quarter. Clarity Asset Management Inc. lifted its stake in Fidelity Enhanced International ETF by 1.6% in the fourth quarter. Clarity Asset Management Inc. now owns 22,582 shares of the company’s stock valued at $826,000 after purchasing an additional 350 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in Fidelity Enhanced International ETF by 17.8% in the first quarter. Parallel Advisors LLC now owns 2,598 shares of the company’s stock valued at $97,000 after purchasing an additional 392 shares during the last quarter.

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.