Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Update

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 109,128 shares, an increase of 86.5% from the November 30th total of 58,504 shares. Based on an average daily volume of 233,377 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 233,377 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Fidelity Investment Grade Securitized ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Allworth Financial LP purchased a new stake in Fidelity Investment Grade Securitized ETF in the second quarter worth approximately $81,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity Investment Grade Securitized ETF by 422.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,102 shares of the company’s stock worth $135,000 after acquiring an additional 2,508 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Fidelity Investment Grade Securitized ETF in the 1st quarter valued at $1,384,000. Envestnet Asset Management Inc. purchased a new stake in shares of Fidelity Investment Grade Securitized ETF in the 2nd quarter valued at $491,000. Finally, IFP Advisors Inc bought a new position in shares of Fidelity Investment Grade Securitized ETF during the 2nd quarter valued at $109,000.

Fidelity Investment Grade Securitized ETF Trading Up 0.1%

Shares of FSEC traded up $0.04 during midday trading on Friday, hitting $44.64. 174,948 shares of the company traded hands, compared to its average volume of 475,614. Fidelity Investment Grade Securitized ETF has a one year low of $41.84 and a one year high of $45.60. The stock has a 50-day moving average of $44.49 and a 200-day moving average of $44.01.

About Fidelity Investment Grade Securitized ETF

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.