Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Get Free Report) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 178,026 shares, a drop of 34.5% from the May 14th total of 271,589 shares. Based on an average daily trading volume, of 1,966,694 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the shares of the company are short sold.
Fidelity MSCI Energy Index ETF Price Performance
FENY traded down $0.25 during trading on Tuesday, reaching $30.60. 800,453 shares of the company’s stock were exchanged, compared to its average volume of 3,993,068. Fidelity MSCI Energy Index ETF has a 1 year low of $23.23 and a 1 year high of $35.26. The stock has a market capitalization of $1.91 billion, a P/E ratio of 15.17 and a beta of 0.42. The company’s fifty day simple moving average is $32.18 and its 200-day simple moving average is $29.71.
Hedge Funds Weigh In On Fidelity MSCI Energy Index ETF
Institutional investors have recently bought and sold shares of the business. Deutsche Bank AG purchased a new position in Fidelity MSCI Energy Index ETF during the 4th quarter worth approximately $25,000. Principia Wealth Advisory LLC raised its position in Fidelity MSCI Energy Index ETF by 2,961.0% during the 4th quarter. Principia Wealth Advisory LLC now owns 1,255 shares of the company’s stock worth $31,000 after buying an additional 1,214 shares during the last quarter. Allworth Financial LP raised its position in Fidelity MSCI Energy Index ETF by 40.3% during the 3rd quarter. Allworth Financial LP now owns 1,745 shares of the company’s stock worth $43,000 after buying an additional 501 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in Fidelity MSCI Energy Index ETF during the 4th quarter worth approximately $49,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Fidelity MSCI Energy Index ETF during the 3rd quarter worth approximately $54,000.
About Fidelity MSCI Energy Index ETF
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.
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