Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Short Interest Update

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 335,776 shares, a growth of 200.6% from the July 15th total of 111,708 shares. Based on an average daily trading volume, of 1,358,157 shares, the short-interest ratio is presently 0.2 days. Currently, 0.6% of the shares of the company are sold short.

Fidelity MSCI Energy Index ETF Stock Performance

Shares of NYSEARCA FENY remained flat at $33.89 during midday trading on Thursday. The company had a trading volume of 1,127,043 shares, compared to its average volume of 3,340,278. The company has a market capitalization of $2.06 billion, a PE ratio of 15.17 and a beta of 0.43. Fidelity MSCI Energy Index ETF has a 52-week low of $23.32 and a 52-week high of $35.26. The company’s 50-day moving average is $31.45 and its two-hundred day moving average is $31.48.

Institutional Trading of Fidelity MSCI Energy Index ETF

A number of hedge funds have recently added to or reduced their stakes in FENY. Deutsche Bank AG purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the fourth quarter worth approximately $25,000. Principia Wealth Advisory LLC grew its position in Fidelity MSCI Energy Index ETF by 2,961.0% in the 4th quarter. Principia Wealth Advisory LLC now owns 1,255 shares of the company’s stock valued at $31,000 after buying an additional 1,214 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in Fidelity MSCI Energy Index ETF in the 4th quarter valued at $49,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Fidelity MSCI Energy Index ETF in the 3rd quarter valued at $54,000. Finally, Advisors Preferred LLC acquired a new position in Fidelity MSCI Energy Index ETF in the 1st quarter valued at $59,000.

Fidelity MSCI Energy Index ETF Company Profile

The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.