Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Short Interest Down 43.7% in December

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 128,013 shares, a drop of 43.7% from the December 15th total of 227,429 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 4,340,571 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 4,340,571 shares, the short-interest ratio is currently 0.0 days. Approximately 0.2% of the company’s stock are short sold.

Fidelity MSCI Energy Index ETF Stock Up 0.3%

Shares of NYSEARCA FENY traded up $0.07 during midday trading on Friday, reaching $26.47. 3,365,920 shares of the company’s stock traded hands, compared to its average volume of 8,433,729. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 15.17 and a beta of 0.77. The stock’s 50 day simple moving average is $25.14 and its 200-day simple moving average is $24.55. Fidelity MSCI Energy Index ETF has a one year low of $20.31 and a one year high of $26.92.

Institutional Investors Weigh In On Fidelity MSCI Energy Index ETF

Institutional investors have recently bought and sold shares of the company. Maltin Wealth Management Inc. boosted its holdings in Fidelity MSCI Energy Index ETF by 3.1% in the fourth quarter. Maltin Wealth Management Inc. now owns 111,366 shares of the company’s stock worth $2,759,000 after acquiring an additional 3,305 shares in the last quarter. Wealth Quarterback LLC increased its holdings in shares of Fidelity MSCI Energy Index ETF by 5.8% in the fourth quarter. Wealth Quarterback LLC now owns 90,698 shares of the company’s stock valued at $2,247,000 after purchasing an additional 4,967 shares during the period. AA Financial Advisors LLC raised its stake in shares of Fidelity MSCI Energy Index ETF by 3.1% in the fourth quarter. AA Financial Advisors LLC now owns 21,099 shares of the company’s stock worth $523,000 after purchasing an additional 637 shares during the last quarter. Hilltop Wealth Advisors LLC lifted its holdings in shares of Fidelity MSCI Energy Index ETF by 2.3% during the fourth quarter. Hilltop Wealth Advisors LLC now owns 534,019 shares of the company’s stock worth $13,228,000 after purchasing an additional 11,812 shares during the period. Finally, Capital Investment Advisors LLC boosted its position in Fidelity MSCI Energy Index ETF by 1.7% in the fourth quarter. Capital Investment Advisors LLC now owns 25,431 shares of the company’s stock valued at $630,000 after buying an additional 427 shares during the last quarter.

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.