Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Stock Short Interest Report for September

Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 128,215 shares, a drop of 35.5% from the September 15th total of 198,742 shares. Based on an average daily volume of 276,602 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are short sold.

Fidelity MSCI Consumer Staples Index ETF Stock Up 1.1%

Shares of FSTA stock traded up $0.61 during trading on Friday, reaching $55.37. The company’s stock had a trading volume of 376,446 shares, compared to its average volume of 175,188. The business has a fifty day moving average price of $52.99 and a 200-day moving average price of $53.10. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 22.37 and a beta of 0.49. Fidelity MSCI Consumer Staples Index ETF has a one year low of $47.88 and a one year high of $56.93.

Institutional Investors Weigh In On Fidelity MSCI Consumer Staples Index ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. RDA Financial Network bought a new position in shares of Fidelity MSCI Consumer Staples Index ETF in the 3rd quarter valued at about $205,000. Signal Advisors Wealth LLC raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 294.9% during the third quarter. Signal Advisors Wealth LLC now owns 16,724 shares of the exchange traded fund’s stock worth $850,000 after acquiring an additional 12,489 shares in the last quarter. Compass Financial Group INC SD raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 1.5% during the third quarter. Compass Financial Group INC SD now owns 359,370 shares of the exchange traded fund’s stock worth $18,270,000 after acquiring an additional 5,168 shares in the last quarter. Atlas Brown Inc. acquired a new position in Fidelity MSCI Consumer Staples Index ETF during the third quarter valued at approximately $1,291,000. Finally, First Heartland Consultants Inc. acquired a new position in Fidelity MSCI Consumer Staples Index ETF during the third quarter valued at approximately $503,000.

About Fidelity MSCI Consumer Staples Index ETF

The Fidelity MSCI Consumer Staples Index ETF (FSTA) is an exchange-traded fund that is based on the MSCI USA IMI Consumer Staples 25\u002F50 index, a market-cap-weighted index of US consumer staples companies across the entire market-cap spectrum. FSTA was launched on Oct 21, 2013 and is managed by Fidelity.