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

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

Fidelity International Value Factor ETF Price Performance

Shares of NYSEARCA FIVA opened at $38.54 on Monday. The stock’s 50-day moving average is $38.35 and its two-hundred day moving average is $37.01. The company has a market cap of $574.25 million, a price-to-earnings ratio of 11.15 and a beta of 0.71. Fidelity International Value Factor ETF has a 1-year low of $28.83 and a 1-year high of $39.61.

Institutional Trading of Fidelity International Value Factor ETF

Several large investors have recently modified their holdings of FIVA. Focus Financial Network Inc. lifted its holdings in Fidelity International Value Factor ETF by 21.9% in the second quarter. Focus Financial Network Inc. now owns 10,383 shares of the company’s stock worth $400,000 after purchasing an additional 1,864 shares during the period. Midwest Financial Network LLC lifted its position in shares of Fidelity International Value Factor ETF by 113.9% during the 2nd quarter. Midwest Financial Network LLC now owns 35,525 shares of the company’s stock valued at $1,368,000 after acquiring an additional 18,918 shares during the last quarter. RDA Financial Network acquired a new stake in shares of Fidelity International Value Factor ETF during the 2nd quarter valued at $277,000. Bank of America Corp DE boosted its stake in shares of Fidelity International Value Factor ETF by 13.2% during the 1st quarter. Bank of America Corp DE now owns 55,766 shares of the company’s stock worth $1,941,000 after acquiring an additional 6,485 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in shares of Fidelity International Value Factor ETF by 7.3% during the 1st quarter. Arkadios Wealth Advisors now owns 18,989 shares of the company’s stock worth $661,000 after acquiring an additional 1,287 shares in the last quarter.

About Fidelity International Value Factor ETF

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.