Fidelity International High Dividend ETF (NYSEARCA:FIDI) Sees Significant Increase in Short Interest

Fidelity International High Dividend ETF (NYSEARCA:FIDI) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 17,792 shares, an increase of 109.5% from the September 15th total of 8,494 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 51,048 shares, the days-to-cover ratio is currently 0.3 days.

Fidelity International High Dividend ETF Stock Performance

Shares of FIDI traded down $0.10 during trading hours on Wednesday, reaching $28.20. The stock had a trading volume of 57,781 shares, compared to its average volume of 81,020. Fidelity International High Dividend ETF has a 12 month low of $24.20 and a 12 month high of $29.73. The stock has a market capitalization of $389.16 million, a PE ratio of 13.70 and a beta of 0.57. The company’s 50-day moving average is $28.88 and its two-hundred day moving average is $28.36.

Hedge Funds Weigh In On Fidelity International High Dividend ETF

Several large investors have recently bought and sold shares of FIDI. PFG Investments LLC acquired a new stake in shares of Fidelity International High Dividend ETF during the first quarter valued at about $203,000. KWB Wealth acquired a new position in shares of Fidelity International High Dividend ETF in the second quarter valued at approximately $288,000. Advocate Investing Services LLC acquired a new stake in Fidelity International High Dividend ETF during the 1st quarter worth approximately $306,000. Arwa LLC acquired a new stake in Fidelity International High Dividend ETF during the 4th quarter worth approximately $344,000. Finally, Midwest Financial Network LLC acquired a new stake in Fidelity International High Dividend ETF during the 3rd quarter worth approximately $365,000.

Fidelity International High Dividend ETF Company Profile

The Fidelity International High Dividend ETF (FIDI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a high-dividend, multi-factor index of large- and mid-cap stocks from developed markets ex-US. FIDI was launched on Jan 16, 2018 and is managed by Fidelity.