Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Short Interest Update

Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 64,304 shares, a decrease of 45.8% from the January 29th total of 118,673 shares. Based on an average daily trading volume, of 109,287 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 109,287 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FIDU. AE Wealth Management LLC lifted its position in shares of Fidelity MSCI Industrials Index ETF by 12.5% in the third quarter. AE Wealth Management LLC now owns 1,051,799 shares of the company’s stock valued at $86,184,000 after buying an additional 117,011 shares during the last quarter. AGF Management Ltd. raised its stake in Fidelity MSCI Industrials Index ETF by 1.5% in the 2nd quarter. AGF Management Ltd. now owns 287,911 shares of the company’s stock valued at $22,322,000 after acquiring an additional 4,250 shares during the period. Cetera Investment Advisers lifted its holdings in Fidelity MSCI Industrials Index ETF by 2.2% during the 2nd quarter. Cetera Investment Advisers now owns 33,859 shares of the company’s stock valued at $2,625,000 after purchasing an additional 726 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Fidelity MSCI Industrials Index ETF by 23.5% during the third quarter. Commonwealth Equity Services LLC now owns 404,939 shares of the company’s stock worth $33,181,000 after purchasing an additional 77,068 shares during the period. Finally, Fidelis Capital Partners LLC acquired a new position in shares of Fidelity MSCI Industrials Index ETF in the second quarter valued at $213,000.

Fidelity MSCI Industrials Index ETF Price Performance

NYSEARCA:FIDU traded down $0.18 during trading hours on Friday, reaching $94.63. The company’s stock had a trading volume of 82,313 shares, compared to its average volume of 140,213. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 24.65 and a beta of 1.11. Fidelity MSCI Industrials Index ETF has a one year low of $59.16 and a one year high of $95.47. The business’s 50-day moving average is $89.23 and its 200-day moving average is $84.16.

About Fidelity MSCI Industrials Index ETF

The Fidelity MSCI Industrials Index ETF (FIDU) is an exchange-traded fund that is based on the MSCI USA IMI Industrials 25\u002F25 index, a market-cap-weighted index of stocks in the broad US industrials sector. FIDU was launched on Oct 21, 2013 and is managed by Fidelity.