Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Sees Significant Decline in Short Interest

Posted by Caroline Horne on Jun 14th, 2026

Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Get Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 36,956 shares, a drop of 58.3% from the May 14th total of 88,723 shares. Based on an average trading volume of 290,922 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Fidelity MSCI Utilities Index ETF Price Performance

Shares of FUTY stock traded up $0.65 during midday trading on Friday, hitting $57.54. The company had a trading volume of 351,337 shares, compared to its average volume of 340,951. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 20.34 and a beta of 0.60. The company’s 50 day simple moving average is $58.48 and its 200 day simple moving average is $57.78. Fidelity MSCI Utilities Index ETF has a 52-week low of $51.50 and a 52-week high of $61.51.

Hedge Funds Weigh In On Fidelity MSCI Utilities Index ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bayban purchased a new position in Fidelity MSCI Utilities Index ETF during the 4th quarter worth $26,000. Elyxium Wealth LLC purchased a new position in Fidelity MSCI Utilities Index ETF during the fourth quarter worth about $30,000. First Horizon Corp acquired a new stake in Fidelity MSCI Utilities Index ETF in the fourth quarter valued at about $42,000. Motiv8 Investments LLC acquired a new stake in Fidelity MSCI Utilities Index ETF in the fourth quarter valued at about $75,000. Finally, Global Retirement Partners LLC boosted its holdings in Fidelity MSCI Utilities Index ETF by 46.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,723 shares of the company’s stock valued at $95,000 after purchasing an additional 544 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Company Profile

(Get Free Report)

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.