Fidelity International High Dividend ETF (NYSEARCA:FIDI) Shares Shorted: Short Interest Up 109.5% in September

Fidelity International High Dividend ETF (NYSEARCA:FIDI – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 17,792 shares, a growth of 109.5% from the September 15th total of 8,494 shares. Based on an average daily trading volume, of 51,048 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Fidelity International High Dividend ETF Trading Up 1.3%

FIDI traded up $0.36 during midday trading on Tuesday, hitting $28.30. The company’s stock had a trading volume of 52,709 shares, compared to its average volume of 81,139. The firm has a market cap of $390.54 million, a P/E ratio of 13.70 and a beta of 0.57. The firm has a 50-day moving average price of $28.89 and a two-hundred day moving average price of $28.35. Fidelity International High Dividend ETF has a 52-week low of $24.20 and a 52-week high of $29.73.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. PFG Investments LLC acquired a new stake in shares of Fidelity International High Dividend ETF in the first quarter worth approximately $203,000. KWB Wealth acquired a new position in Fidelity International High Dividend ETF during the second quarter worth approximately $288,000. Advocate Investing Services LLC purchased a new position in Fidelity International High Dividend ETF during the first quarter worth approximately $306,000. Midwest Financial Network LLC purchased a new position in Fidelity International High Dividend ETF during the third quarter worth approximately $365,000. Finally, Arwa LLC purchased a new position in Fidelity International High Dividend ETF during the fourth quarter worth approximately $344,000.

Fidelity International High Dividend ETF Company Profile

(Get Free Report)

The Fidelity International High Dividend ETF (FIDI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a high-dividend, multi-factor index of large- and mid-cap stocks from developed markets ex-US. FIDI was launched on Jan 16, 2018 and is managed by Fidelity.

Further Reading

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