Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Short Interest Update

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 123,857 shares, a decline of 34.5% from the June 15th total of 189,233 shares. Based on an average trading volume of 1,880,178 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.

Fidelity MSCI Energy Index ETF Trading Up 1.2%

Shares of NYSEARCA FENY opened at $32.02 on Friday. The firm’s 50-day moving average price is $31.38 and its 200-day moving average price is $30.58. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 15.17 and a beta of 0.43. Fidelity MSCI Energy Index ETF has a 12-month low of $23.23 and a 12-month high of $35.26.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Lido Advisors LLC grew its position in shares of Fidelity MSCI Energy Index ETF by 2.3% during the 1st quarter. Lido Advisors LLC now owns 1,755,925 shares of the company’s stock worth $59,737,000 after buying an additional 38,901 shares in the last quarter. Vicus Capital grew its holdings in Fidelity MSCI Energy Index ETF by 2,690.9% during the 1st quarter. Vicus Capital now owns 803,382 shares of the company’s stock worth $27,331,000 after acquiring an additional 774,596 shares in the last quarter. BNP Paribas Financial Markets increased its position in Fidelity MSCI Energy Index ETF by 111,011.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock valued at $14,070,000 after purchasing an additional 599,460 shares during the period. Hilltop Wealth Advisors LLC increased its position in Fidelity MSCI Energy Index ETF by 2.3% during the 4th quarter. Hilltop Wealth Advisors LLC now owns 534,019 shares of the company’s stock valued at $13,228,000 after purchasing an additional 11,812 shares during the period. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Fidelity MSCI Energy Index ETF in the 3rd quarter valued at about $10,917,000.

About Fidelity MSCI Energy Index ETF

The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.