Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) Sees Large Growth in Short Interest

Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 169,955 shares, an increase of 304.8% from the January 15th total of 41,984 shares. Based on an average daily volume of 200,639 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 200,639 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Fidelity MSCI Consumer Staples Index ETF

Several hedge funds have recently bought and sold shares of FSTA. Lido Advisors LLC raised its stake in shares of Fidelity MSCI Consumer Staples Index ETF by 5.1% during the 2nd quarter. Lido Advisors LLC now owns 1,399,498 shares of the exchange traded fund’s stock worth $71,584,000 after purchasing an additional 67,375 shares in the last quarter. LPL Financial LLC raised its holdings in Fidelity MSCI Consumer Staples Index ETF by 6.5% in the 4th quarter. LPL Financial LLC now owns 524,438 shares of the exchange traded fund’s stock valued at $25,797,000 after acquiring an additional 31,965 shares in the last quarter. AGF Management Ltd. lifted its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 10.2% during the 3rd quarter. AGF Management Ltd. now owns 468,321 shares of the exchange traded fund’s stock worth $23,341,000 after acquiring an additional 43,330 shares during the period. Osaic Holdings Inc. boosted its stake in Fidelity MSCI Consumer Staples Index ETF by 66.0% in the 2nd quarter. Osaic Holdings Inc. now owns 430,477 shares of the exchange traded fund’s stock valued at $22,035,000 after buying an additional 171,111 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Fidelity MSCI Consumer Staples Index ETF by 60.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 363,019 shares of the exchange traded fund’s stock worth $18,093,000 after purchasing an additional 137,407 shares during the last quarter.

Fidelity MSCI Consumer Staples Index ETF Trading Up 1.2%

FSTA traded up $0.68 on Wednesday, hitting $55.65. 232,242 shares of the company’s stock were exchanged, compared to its average volume of 230,705. Fidelity MSCI Consumer Staples Index ETF has a twelve month low of $47.45 and a twelve month high of $55.88. The firm has a market cap of $1.46 billion, a PE ratio of 22.37 and a beta of 0.56. The stock has a fifty day moving average of $51.13 and a two-hundred day moving average of $50.60.

Fidelity MSCI Consumer Staples Index ETF Company Profile

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.