Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Short Interest Update

Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 29,205 shares, a decline of 78.8% from the December 15th total of 137,910 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 255,334 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 255,334 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of Fidelity MSCI Utilities Index ETF

Several institutional investors have recently bought and sold shares of FUTY. Flagship Harbor Advisors LLC increased its position in Fidelity MSCI Utilities Index ETF by 2.1% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 11,057 shares of the company’s stock valued at $624,000 after acquiring an additional 226 shares in the last quarter. Heck Capital Advisors LLC grew its stake in shares of Fidelity MSCI Utilities Index ETF by 0.9% during the second quarter. Heck Capital Advisors LLC now owns 27,940 shares of the company’s stock valued at $1,470,000 after purchasing an additional 244 shares during the last quarter. Lynch & Associates IN increased its holdings in shares of Fidelity MSCI Utilities Index ETF by 2.0% in the second quarter. Lynch & Associates IN now owns 13,605 shares of the company’s stock valued at $716,000 after purchasing an additional 262 shares in the last quarter. Axecap Investments LLC raised its position in Fidelity MSCI Utilities Index ETF by 1.6% in the 3rd quarter. Axecap Investments LLC now owns 17,134 shares of the company’s stock worth $968,000 after purchasing an additional 266 shares during the last quarter. Finally, Rossby Financial LCC lifted its holdings in Fidelity MSCI Utilities Index ETF by 4.9% during the 3rd quarter. Rossby Financial LCC now owns 5,654 shares of the company’s stock worth $322,000 after buying an additional 266 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Stock Up 1.1%

FUTY traded up $0.62 during midday trading on Thursday, reaching $56.63. 556,835 shares of the company’s stock were exchanged, compared to its average volume of 342,390. The business has a 50-day simple moving average of $56.28 and a two-hundred day simple moving average of $55.84. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 20.34 and a beta of 0.61. Fidelity MSCI Utilities Index ETF has a one year low of $45.94 and a one year high of $60.56.

Fidelity MSCI Utilities Index ETF Company Profile

The Fidelity MSCI Utilities Index ETF (FUTY) is an exchange-traded fund that is based on the MSCI USA IMI Utilities 25\u002F50 index. The fund tracks the MSCI US IMI Utilities 25\u002F50 Index, a market-cap-weighted index of stocks in the US utilities sector. FUTY was launched on Oct 21, 2013 and is managed by Fidelity.