Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) Short Interest Update

Fidelity MSCI Health Care Index ETF (NYSEARCA:FHLC) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 44,344 shares, a growth of 244.1% from the January 29th total of 12,886 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 278,087 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 278,087 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Fidelity MSCI Health Care Index ETF Trading Down 0.6%

Shares of NYSEARCA:FHLC traded down $0.48 on Thursday, hitting $74.86. 27,227 shares of the company were exchanged, compared to its average volume of 199,802. The stock’s 50 day moving average price is $74.92 and its 200 day moving average price is $71.18. Fidelity MSCI Health Care Index ETF has a 1-year low of $60.35 and a 1-year high of $77.10. The firm has a market capitalization of $2.86 billion, a P/E ratio of 21.23 and a beta of 0.67.

Hedge Funds Weigh In On Fidelity MSCI Health Care Index ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted its stake in shares of Fidelity MSCI Health Care Index ETF by 42.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,739,003 shares of the company’s stock worth $203,453,000 after acquiring an additional 820,771 shares in the last quarter. Rockland Trust Co. acquired a new position in Fidelity MSCI Health Care Index ETF in the 3rd quarter valued at about $21,916,000. Altfest L J & Co. Inc. acquired a new position in Fidelity MSCI Health Care Index ETF in the third quarter valued at approximately $19,395,000. Mercer Global Advisors Inc. ADV lifted its holdings in Fidelity MSCI Health Care Index ETF by 5,460.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 266,868 shares of the company’s stock valued at $17,845,000 after acquiring an additional 262,069 shares during the last quarter. Finally, AGF Management Ltd. grew its position in Fidelity MSCI Health Care Index ETF by 28.5% in the second quarter. AGF Management Ltd. now owns 756,389 shares of the company’s stock worth $48,371,000 after acquiring an additional 167,956 shares during the period.

Fidelity MSCI Health Care Index ETF Company Profile

The Fidelity MSCI Health Care Index ETF (FHLC) is an exchange-traded fund that is based on the MSCI US IMI 25\u002F50 Health Care index, a market-cap-weighted index of stocks in the broad US health care sector. FHLC was launched on Oct 21, 2013 and is managed by Fidelity.