Fidelity Real Estate Investment ETF (BATS:FPRO) Shares Shorted: Short Interest Down 77.6% in October

Fidelity Real Estate Investment ETF (BATS:FPRO) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 227 shares, a decline of 77.6% from the October 15th total of 1,014 shares. Based on an average daily trading volume, of 10,036 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Fidelity Real Estate Investment ETF Stock Down 0.1%

Shares of Fidelity Real Estate Investment ETF stock opened at $25.03 on Thursday. The company has a market cap of $15.02 million, a PE ratio of 31.33 and a beta of 0.93. The business has a 50 day moving average of $23.95 and a 200 day moving average of $24.36. Fidelity Real Estate Investment ETF has a 52 week low of $21.95 and a 52 week high of $26.30.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FPRO. KFA Private Wealth Group LLC bought a new stake in shares of Fidelity Real Estate Investment ETF during the 2nd quarter valued at about $26,170,000. Envestnet Portfolio Solutions Inc. bought a new position in Fidelity Real Estate Investment ETF in the second quarter worth about $878,000. Concurrent Investment Advisors LLC purchased a new stake in Fidelity Real Estate Investment ETF in the second quarter worth about $279,000. Rehmann Capital Advisory Group purchased a new stake in Fidelity Real Estate Investment ETF in the second quarter worth about $157,000. Finally, Corient Private Wealth LP purchased a new stake in Fidelity Real Estate Investment ETF in the second quarter worth about $146,000.

About Fidelity Real Estate Investment ETF

The Fidelity Real Estate Investment ETF (FPRO) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively-managed, non-transparent ETF that invests in global real estate companies. The fund utilizes the Fidelity non-transparent model. FPRO was launched on Feb 2, 2021 and is managed by Fidelity.