Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Shares Shorted: Short Interest Up 189.2% in September

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 307,309 shares, an increase of 189.2% from the September 15th total of 106,270 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 517,794 shares, the short-interest ratio is currently 0.6 days.

Fidelity Investment Grade Securitized ETF Price Performance

Shares of NYSEARCA:FSEC opened at $41.94 on Wednesday. The company’s 50-day moving average price is $42.78 and its two-hundred day moving average price is $43.47. Fidelity Investment Grade Securitized ETF has a one year low of $41.45 and a one year high of $44.99.

Institutional Trading of Fidelity Investment Grade Securitized ETF

Several large investors have recently modified their holdings of the stock. Citadel Advisors LLC bought a new position in shares of Fidelity Investment Grade Securitized ETF in the second quarter valued at $11,071,000. Kestra Advisory Services LLC purchased a new position in Fidelity Investment Grade Securitized ETF in the first quarter valued at about $2,903,000. Midwest Financial Network LLC grew its holdings in Fidelity Investment Grade Securitized ETF by 169.8% during the third quarter. Midwest Financial Network LLC now owns 94,116 shares of the company’s stock valued at $3,930,000 after purchasing an additional 59,229 shares during the period. Cetera Investment Advisers lifted its holdings in Fidelity Investment Grade Securitized ETF by 12.7% during the first quarter. Cetera Investment Advisers now owns 385,166 shares of the company’s stock valued at $16,886,000 after purchasing an additional 43,405 shares during the last quarter. Finally, RCS Financial Planning LLC bought a new position in Fidelity Investment Grade Securitized ETF in the 1st quarter worth approximately $1,191,000.

Fidelity Investment Grade Securitized ETF Company Profile

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.