Short Interest in Fidelity Fundamental Developed International ETF (BATS:FFDI) Rises By 108.8%

Fidelity Fundamental Developed International ETF (BATS:FFDI) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 4,409 shares, an increase of 108.8% from the August 15th total of 2,112 shares. Based on an average daily volume of 2,016 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.7% of the shares of the company are sold short.

Fidelity Fundamental Developed International ETF Stock Down 0.3%

BATS FFDI traded down $0.10 during trading on Tuesday, hitting $31.98. The company’s stock had a trading volume of 7,374 shares, compared to its average volume of 3,028. Fidelity Fundamental Developed International ETF has a 52 week low of $28.34 and a 52 week high of $33.78. The firm has a market cap of $19.19 million, a P/E ratio of 20.60 and a beta of 0.59. The firm has a 50 day moving average price of $32.61 and a 200 day moving average price of $31.85.

Hedge Funds Weigh In On Fidelity Fundamental Developed International ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Anson Capital Inc. grew its position in Fidelity Fundamental Developed International ETF by 1.2% in the 2nd quarter. Anson Capital Inc. now owns 173,648 shares of the company’s stock worth $5,677,000 after purchasing an additional 2,101 shares during the last quarter. Kestra Advisory Services LLC raised its position in shares of Fidelity Fundamental Developed International ETF by 3.7% during the first quarter. Kestra Advisory Services LLC now owns 14,499 shares of the company’s stock valued at $430,000 after buying an additional 513 shares during the last quarter. Finally, Kestra Private Wealth Services LLC lifted its stake in shares of Fidelity Fundamental Developed International ETF by 21.9% in the first quarter. Kestra Private Wealth Services LLC now owns 11,306 shares of the company’s stock valued at $335,000 after buying an additional 2,033 shares during the period.

Fidelity Fundamental Developed International ETF Company Profile

The Fidelity Fundamental Developed International ETF (FFDI) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to achieve long-term capital growth through an actively managed portfolio of developed markets ex-US equity securities selected based on fundamental factors. The fund includes issuers of any market capitalization. FFDI was launched on Nov 19, 2024 and is issued by Fidelity.