Fidelity Sustainable High Yield ETF (NYSEARCA:FSYD) Stock Short Interest Report for October

Fidelity Sustainable High Yield ETF (NYSEARCA:FSYD) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 203 shares, a decrease of 74.5% from the October 15th total of 795 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 17,112 shares, the short-interest ratio is presently 0.0 days.

Fidelity Sustainable High Yield ETF Stock Performance

NYSEARCA:FSYD opened at $46.62 on Thursday. The company has a market cap of $139.86 million, a PE ratio of 24.19 and a beta of 0.43. Fidelity Sustainable High Yield ETF has a 52-week low of $46.14 and a 52-week high of $49.16. The stock has a 50-day simple moving average of $46.98 and a 200 day simple moving average of $48.20.

Hedge Funds Weigh In On Fidelity Sustainable High Yield ETF

A number of large investors have recently bought and sold shares of FSYD. Sunbelt Securities Inc. boosted its position in Fidelity Sustainable High Yield ETF by 29.2% during the 1st quarter. Sunbelt Securities Inc. now owns 39,271 shares of the company’s stock worth $1,881,000 after acquiring an additional 8,885 shares during the last quarter. Money Concepts Capital Corp acquired a new stake in shares of Fidelity Sustainable High Yield ETF in the third quarter valued at approximately $1,248,000. Envestnet Asset Management Inc. raised its holdings in shares of Fidelity Sustainable High Yield ETF by 289.9% in the second quarter. Envestnet Asset Management Inc. now owns 22,131 shares of the company’s stock valued at $1,077,000 after purchasing an additional 16,455 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new stake in shares of Fidelity Sustainable High Yield ETF in the second quarter valued at approximately $517,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of Fidelity Sustainable High Yield ETF by 11.0% in the third quarter. Kestra Advisory Services LLC now owns 7,169 shares of the company’s stock valued at $334,000 after purchasing an additional 710 shares during the last quarter.

About Fidelity Sustainable High Yield ETF

The Fidelity Sustainable High Yield ETF (FSYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that combines a multi-factor quantitative screen, fundamental analysis, and ESG rating to select high-yield bonds issued by global corporations that exhibit sustainability practices. FSYD was launched on Feb 15, 2022 and is managed by Fidelity.