Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Short Interest Down 64.6% in December

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 47,499 shares, a drop of 64.6% from the November 30th total of 134,161 shares. Based on an average trading volume of 142,899 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 142,899 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Fidelity MSCI Health Care Index ETF

Institutional investors have recently bought and sold shares of the company. Lido Advisors LLC increased its stake in shares of Fidelity MSCI Health Care Index ETF by 7.4% during the third quarter. Lido Advisors LLC now owns 2,036,294 shares of the company’s stock worth $136,167,000 after buying an additional 141,132 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Fidelity MSCI Health Care Index ETF by 5.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,773,868 shares of the company’s stock valued at $113,439,000 after purchasing an additional 96,965 shares during the last quarter. AGF Management Ltd. raised its holdings in shares of Fidelity MSCI Health Care Index ETF by 20.0% in the 3rd quarter. AGF Management Ltd. now owns 907,336 shares of the company’s stock valued at $60,674,000 after purchasing an additional 150,947 shares in the last quarter. Rockland Trust Co. purchased a new stake in shares of Fidelity MSCI Health Care Index ETF during the 3rd quarter worth $21,916,000. Finally, Raymond James Financial Inc. grew its stake in shares of Fidelity MSCI Health Care Index ETF by 3.9% during the second quarter. Raymond James Financial Inc. now owns 291,535 shares of the company’s stock worth $18,644,000 after purchasing an additional 10,994 shares in the last quarter.

Fidelity MSCI Health Care Index ETF Price Performance

Fidelity MSCI Health Care Index ETF stock traded up $0.05 during mid-day trading on Friday, reaching $75.05. 120,163 shares of the company traded hands, compared to its average volume of 160,961. The firm’s fifty day moving average is $72.82 and its two-hundred day moving average is $67.78. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of 21.23 and a beta of 0.67. Fidelity MSCI Health Care Index ETF has a fifty-two week low of $60.35 and a fifty-two week high of $76.38.

About Fidelity MSCI Health Care Index ETF

The Fidelity MSCI Health Care Index ETF (FHLC) is an exchange-traded fund that is based on the MSCI US IMI 25\u002F50 Health Care index, a market-cap-weighted index of stocks in the broad US health care sector. FHLC was launched on Oct 21, 2013 and is managed by Fidelity.