Fidelity International Multifactor ETF (BATS:FDEV) Short Interest Update

Fidelity International Multifactor ETF (BATS:FDEV) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 945 shares, a decrease of 89.2% from the June 30th total of 8,720 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 32,993 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FDEV. Elyxium Wealth LLC acquired a new position in shares of Fidelity International Multifactor ETF in the 4th quarter worth approximately $30,000. IFP Advisors Inc acquired a new stake in shares of Fidelity International Multifactor ETF during the fourth quarter worth $55,000. Wells Fargo & Company MN acquired a new stake in shares of Fidelity International Multifactor ETF during the fourth quarter worth $65,000. J.W. Cole Advisors Inc. bought a new position in Fidelity International Multifactor ETF during the fourth quarter worth $202,000. Finally, ShoreHaven Wealth Partners LLC bought a new position in Fidelity International Multifactor ETF during the fourth quarter worth $256,000.

Fidelity International Multifactor ETF Price Performance

Shares of FDEV opened at $36.64 on Monday. The business has a 50-day moving average of $36.02 and a 200-day moving average of $36.22. The company has a market capitalization of $190.53 million, a price-to-earnings ratio of 16.06 and a beta of 0.73. Fidelity International Multifactor ETF has a 1 year low of $31.69 and a 1 year high of $38.08.

Fidelity International Multifactor ETF Company Profile

The Fidelity International Multifactor ETF (FDEV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factored index of developed ex-US companies. FDEV was launched on Feb 26, 2019 and is managed by Fidelity.