Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Short Interest Up 75.4% in June

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 112,643 shares, an increase of 75.4% from the June 15th total of 64,214 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 79,112 shares, the short-interest ratio is presently 1.4 days.

Fidelity MSCI Consumer Discretionary Index ETF Trading Down 1.5%

FDIS stock opened at $101.62 on Friday. Fidelity MSCI Consumer Discretionary Index ETF has a one year low of $89.95 and a one year high of $107.45. The firm has a 50-day moving average of $101.83 and a two-hundred day moving average of $100.74. The firm has a market capitalization of $1.68 billion, a PE ratio of 25.42 and a beta of 1.23.

Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

A number of large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 1st quarter worth approximately $1,585,000. Jane Street Group LLC purchased a new stake in shares of Fidelity MSCI Consumer Discretionary Index ETF in the first quarter valued at $2,351,000. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 136.1% in the second quarter. JPMorgan Chase & Co. now owns 1,072 shares of the company’s stock valued at $101,000 after purchasing an additional 618 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 9.0% in the second quarter. Raymond James Financial Inc. now owns 12,375 shares of the company’s stock worth $1,164,000 after buying an additional 1,019 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 69.7% in the second quarter. Ameriprise Financial Inc. now owns 71,296 shares of the company’s stock worth $6,707,000 after buying an additional 29,277 shares during the period.

About Fidelity MSCI Consumer Discretionary Index ETF

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.