Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Short Interest Update

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 335,776 shares, a growth of 200.6% from the July 15th total of 111,708 shares. Based on an average trading volume of 1,358,157 shares, the short-interest ratio is presently 0.2 days. Currently, 0.6% of the shares of the stock are short sold.

Fidelity MSCI Energy Index ETF Price Performance

Shares of NYSEARCA FENY traded up $0.48 during mid-day trading on Friday, hitting $34.37. 988,739 shares of the stock traded hands, compared to its average volume of 3,325,126. Fidelity MSCI Energy Index ETF has a twelve month low of $23.32 and a twelve month high of $35.26. The company has a market cap of $2.09 billion, a PE ratio of 15.17 and a beta of 0.43. The firm has a 50 day simple moving average of $31.52 and a two-hundred day simple moving average of $31.55.

Institutional Trading of Fidelity MSCI Energy Index ETF

Hedge funds have recently made changes to their positions in the company. Deutsche Bank AG bought a new stake in shares of Fidelity MSCI Energy Index ETF during the fourth quarter worth about $25,000. Principia Wealth Advisory LLC raised its holdings in Fidelity MSCI Energy Index ETF by 2,961.0% in the 4th quarter. Principia Wealth Advisory LLC now owns 1,255 shares of the company’s stock valued at $31,000 after buying an additional 1,214 shares during the last quarter. Godfrey Financial Associates Inc. bought a new position in Fidelity MSCI Energy Index ETF in the 4th quarter valued at approximately $49,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Fidelity MSCI Energy Index ETF during the 3rd quarter worth approximately $54,000. Finally, Advisors Preferred LLC acquired a new stake in Fidelity MSCI Energy Index ETF during the 1st quarter worth approximately $59,000.

About Fidelity MSCI Energy Index ETF

The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.