Fidelity International Value Factor ETF (NYSEARCA:FIVA) Short Interest Update

Fidelity International Value Factor ETF (NYSEARCA:FIVA) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 235,284 shares, a growth of 532.6% from the June 30th total of 37,193 shares. Based on an average trading volume of 81,246 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.6% of the company’s shares are sold short.

Fidelity International Value Factor ETF Stock Up 0.3%

NYSEARCA FIVA traded up $0.10 during trading on Friday, reaching $38.54. 48,615 shares of the stock traded hands, compared to its average volume of 148,232. The firm has a market cap of $574.25 million, a price-to-earnings ratio of 11.15 and a beta of 0.71. The stock’s 50-day moving average price is $38.35 and its 200 day moving average price is $37.00. Fidelity International Value Factor ETF has a fifty-two week low of $28.83 and a fifty-two week high of $39.61.

Institutional Trading of Fidelity International Value Factor ETF

A number of institutional investors have recently modified their holdings of FIVA. Align Financial LLC bought a new position in shares of Fidelity International Value Factor ETF in the 4th quarter valued at about $32,908,000. Summit Wealth Group LLC Co. acquired a new stake in shares of Fidelity International Value Factor ETF in the fourth quarter valued at about $7,720,000. Braeburn Wealth Management LLC bought a new stake in Fidelity International Value Factor ETF during the fourth quarter worth about $7,421,000. Commonwealth Equity Services LLC raised its holdings in Fidelity International Value Factor ETF by 15.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,616,599 shares of the company’s stock worth $55,336,000 after acquiring an additional 212,876 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in Fidelity International Value Factor ETF by 9,202.2% during the first quarter. Royal Bank of Canada now owns 191,532 shares of the company’s stock valued at $6,667,000 after purchasing an additional 189,473 shares during the last quarter.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.