Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Update

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 288,763 shares, a growth of 420.1% from the July 15th total of 55,522 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 311,767 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Fidelity Investment Grade Securitized ETF

Several institutional investors and hedge funds have recently bought and sold shares of FSEC. Advisory Services Network LLC bought a new stake in shares of Fidelity Investment Grade Securitized ETF in the 3rd quarter valued at approximately $27,000. Bank of America Corp DE bought a new position in Fidelity Investment Grade Securitized ETF during the fourth quarter worth $45,000. Raymond James Financial Inc. acquired a new position in Fidelity Investment Grade Securitized ETF in the second quarter worth $52,000. EP Wealth Advisors LLC bought a new stake in Fidelity Investment Grade Securitized ETF during the second quarter valued at $102,000. Finally, Royal Bank of Canada bought a new stake in Fidelity Investment Grade Securitized ETF during the first quarter valued at $126,000.

Fidelity Investment Grade Securitized ETF Trading Up 0.1%

NYSEARCA FSEC traded up $0.06 during trading hours on Wednesday, reaching $43.39. 284,020 shares of the company traded hands, compared to its average volume of 263,271. Fidelity Investment Grade Securitized ETF has a 12 month low of $42.97 and a 12 month high of $45.60. The company has a 50 day moving average of $43.68 and a two-hundred day moving average of $43.99.

Fidelity Investment Grade Securitized ETF Company Profile

The Fidelity Investment Grade Securitized ETF (FSEC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade securitized debt securities of any maturity across the broad market. FSEC was launched on Mar 2, 2021 and is managed by Fidelity.