Fidelity Clean Energy ETF (BATS:FRNW) Short Interest Update

Fidelity Clean Energy ETF (BATS:FRNW) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 4,227 shares, an increase of 103.7% from the July 30th total of 2,075 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 30,630 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Fidelity Clean Energy ETF

An institutional investor recently raised its position in Fidelity Clean Energy ETF stock. Sunbelt Securities Inc. increased its position in shares of Fidelity Clean Energy ETF (BATS:FRNW) by 2,145.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,677 shares of the company’s stock after buying an additional 9,246 shares during the quarter. Sunbelt Securities Inc. owned 0.59% of Fidelity Clean Energy ETF worth $188,000 at the end of the most recent quarter.

Fidelity Clean Energy ETF Price Performance

FRNW stock opened at $22.23 on Friday. The company has a 50-day moving average of $23.04 and a two-hundred day moving average of $23.84. Fidelity Clean Energy ETF has a 52-week low of $17.37 and a 52-week high of $27.97. The stock has a market capitalization of $36.68 million, a price-to-earnings ratio of 21.58 and a beta of 1.12.

About Fidelity Clean Energy ETF

The Fidelity Clean Energy ETF (FRNW) is an exchange-traded fund that is based on the Fidelity Clean Energy index, a market-cap-weighted index of global clean energy companies screened for environmental, social, and governance factors. FRNW was launched on Oct 5, 2021 and is managed by Fidelity.