Short Interest in Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Drops By 66.8%

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 55,522 shares, a decline of 66.8% from the June 30th total of 167,332 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 216,853 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Fidelity Investment Grade Securitized ETF

Several institutional investors have recently bought and sold shares of the business. J.W. Cole Advisors Inc. boosted its position in Fidelity Investment Grade Securitized ETF by 4.8% during the 4th quarter. J.W. Cole Advisors Inc. now owns 5,350 shares of the company’s stock valued at $236,000 after acquiring an additional 246 shares in the last quarter. High Falls Advisors Inc raised its position in shares of Fidelity Investment Grade Securitized ETF by 4.9% in the 4th quarter. High Falls Advisors Inc now owns 12,305 shares of the company’s stock worth $543,000 after acquiring an additional 577 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Fidelity Investment Grade Securitized ETF during the 3rd quarter worth $27,000. Bank of America Corp DE purchased a new stake in shares of Fidelity Investment Grade Securitized ETF during the 4th quarter worth $45,000. Finally, Raymond James Financial Inc. bought a new stake in Fidelity Investment Grade Securitized ETF during the second quarter valued at about $52,000.

Fidelity Investment Grade Securitized ETF Stock Performance

FSEC opened at $43.44 on Friday. The stock’s fifty day moving average is $43.77 and its two-hundred day moving average is $44.06. Fidelity Investment Grade Securitized ETF has a 52 week low of $42.97 and a 52 week high of $45.60.

About Fidelity Investment Grade Securitized ETF

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.