Short Interest in Fidelity Enhanced International ETF (NYSEARCA:FENI) Expands By 94.7%

Fidelity Enhanced International ETF (NYSEARCA:FENI) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 356,442 shares, a growth of 94.7% from the April 15th total of 183,112 shares. Based on an average trading volume of 1,192,658 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Trading of Fidelity Enhanced International ETF

Several hedge funds have recently bought and sold shares of the company. Royal Bank of Canada grew its position in shares of Fidelity Enhanced International ETF by 353.0% during the 1st quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock worth $486,000 after buying an additional 12,733 shares during the period. Jane Street Group LLC lifted its holdings in shares of Fidelity Enhanced International ETF by 149.8% in the first quarter. Jane Street Group LLC now owns 348,369 shares of the company’s stock worth $10,367,000 after acquiring an additional 208,895 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Enhanced International ETF by 2,638.5% in the second quarter. JPMorgan Chase & Co. now owns 184,490 shares of the company’s stock worth $6,136,000 after acquiring an additional 177,753 shares during the last quarter. HUB Investment Partners LLC lifted its holdings in shares of Fidelity Enhanced International ETF by 4.3% in the second quarter. HUB Investment Partners LLC now owns 10,061 shares of the company’s stock worth $335,000 after acquiring an additional 414 shares during the last quarter. Finally, Betterment LLC bought a new position in shares of Fidelity Enhanced International ETF in the second quarter worth about $694,000.

Fidelity Enhanced International ETF Price Performance

FENI traded up $0.38 during trading hours on Monday, reaching $39.46. 1,376,851 shares of the stock traded hands, compared to its average volume of 1,894,086. The firm’s fifty day simple moving average is $38.47 and its two-hundred day simple moving average is $37.80. The company has a market cap of $9.15 billion, a price-to-earnings ratio of 14.82 and a beta of 0.56. Fidelity Enhanced International ETF has a fifty-two week low of $31.80 and a fifty-two week high of $40.90.

Fidelity Enhanced International ETF Company Profile

The Fidelity Enhanced International ETF (FENI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies of any capitalization in developed markets, excluding the US and Canada. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the MSCI EAFE Index. FENI was launched on Dec 20, 2007 and is issued by Fidelity.