Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Short Interest Update

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 100,535 shares, an increase of 126.7% from the February 12th total of 44,344 shares. Based on an average daily trading volume, of 144,995 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 144,995 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Fidelity MSCI Health Care Index ETF

Several institutional investors have recently made changes to their positions in the stock. McGlone Suttner Wealth Management Inc. lifted its position in shares of Fidelity MSCI Health Care Index ETF by 3.0% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 278,946 shares of the company’s stock valued at $18,653,000 after acquiring an additional 8,205 shares during the period. Centerline Wealth Advisors LLC raised its stake in Fidelity MSCI Health Care Index ETF by 9.3% in the third quarter. Centerline Wealth Advisors LLC now owns 144,955 shares of the company’s stock valued at $9,693,000 after purchasing an additional 12,343 shares in the last quarter. Altfest L J & Co. Inc. bought a new stake in Fidelity MSCI Health Care Index ETF during the third quarter worth about $19,395,000. Buttonwood Financial Advisors Inc. lifted its position in Fidelity MSCI Health Care Index ETF by 12.7% during the third quarter. Buttonwood Financial Advisors Inc. now owns 213,775 shares of the company’s stock worth $14,295,000 after purchasing an additional 24,045 shares during the period. Finally, CW Advisors LLC increased its holdings in Fidelity MSCI Health Care Index ETF by 58.7% in the 2nd quarter. CW Advisors LLC now owns 20,777 shares of the company’s stock valued at $1,329,000 after buying an additional 7,682 shares during the period.

Fidelity MSCI Health Care Index ETF Stock Down 0.2%

Shares of Fidelity MSCI Health Care Index ETF stock opened at $73.01 on Thursday. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 21.23 and a beta of 0.67. Fidelity MSCI Health Care Index ETF has a twelve month low of $60.35 and a twelve month high of $77.10. The company has a 50-day simple moving average of $74.85 and a two-hundred day simple moving average of $71.87.

About Fidelity MSCI Health Care Index ETF

The Fidelity MSCI Health Care Index ETF (FHLC) is an exchange-traded fund that is based on the MSCI US IMI 25\u002F50 Health Care index, a market-cap-weighted index of stocks in the broad US health care sector. FHLC was launched on Oct 21, 2013 and is managed by Fidelity.