Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Down 99.1% in June

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,975 shares, a decline of 99.1% from the May 31st total of 210,222 shares. Based on an average trading volume of 201,977 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

Several hedge funds and other institutional investors have recently modified their holdings of FSEC. J.W. Cole Advisors Inc. lifted its holdings in shares of Fidelity Investment Grade Securitized ETF by 4.8% in the fourth quarter. J.W. Cole Advisors Inc. now owns 5,350 shares of the company’s stock worth $236,000 after buying an additional 246 shares in the last quarter. High Falls Advisors Inc increased its holdings in Fidelity Investment Grade Securitized ETF by 4.9% during the 4th quarter. High Falls Advisors Inc now owns 12,305 shares of the company’s stock worth $543,000 after acquiring an additional 577 shares during the period. Advisory Services Network LLC purchased a new stake in Fidelity Investment Grade Securitized ETF in the 3rd quarter worth approximately $27,000. Bank of America Corp DE bought a new position in Fidelity Investment Grade Securitized ETF in the 4th quarter valued at $45,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Fidelity Investment Grade Securitized ETF during the 2nd quarter valued at $52,000.

Fidelity Investment Grade Securitized ETF Price Performance

Shares of Fidelity Investment Grade Securitized ETF stock traded down $0.02 during trading hours on Thursday, reaching $44.11. The company had a trading volume of 385,554 shares, compared to its average volume of 259,095. Fidelity Investment Grade Securitized ETF has a one year low of $42.97 and a one year high of $45.60. The business has a fifty day simple moving average of $43.92 and a 200 day simple moving average of $44.16.

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.