Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Short Interest Update

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 67,322 shares, an increase of 31.2% from the February 12th total of 51,324 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 114,733 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 114,733 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are sold short.

Fidelity MSCI Consumer Discretionary Index ETF Stock Up 1.2%

NYSEARCA FDIS traded up $1.17 during trading on Monday, hitting $95.75. The stock had a trading volume of 84,075 shares, compared to its average volume of 124,270. The firm has a 50 day moving average price of $101.66 and a 200 day moving average price of $101.73. Fidelity MSCI Consumer Discretionary Index ETF has a twelve month low of $74.00 and a twelve month high of $107.45. The company has a market capitalization of $1.73 billion, a PE ratio of 25.42 and a beta of 1.26.

Institutional Investors Weigh In On Fidelity MSCI Consumer Discretionary Index ETF

Institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. lifted its stake in shares of Fidelity MSCI Consumer Discretionary Index ETF by 99.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 257 shares of the company’s stock worth $26,000 after purchasing an additional 128 shares during the period. Sound Income Strategies LLC increased its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 103.9% during the fourth quarter. Sound Income Strategies LLC now owns 312 shares of the company’s stock valued at $33,000 after purchasing an additional 159 shares during the period. Larson Financial Group LLC bought a new stake in Fidelity MSCI Consumer Discretionary Index ETF in the third quarter worth about $33,000. IFC & Insurance Marketing Inc. bought a new position in shares of Fidelity MSCI Consumer Discretionary Index ETF in the fourth quarter valued at $35,000. Finally, Howe & Rusling Inc. purchased a new position in Fidelity MSCI Consumer Discretionary Index ETF during the 2nd quarter worth approximately $37,000.

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.