Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) Short Interest Down 40.1% in January

Fidelity Investment Grade Securitized ETF (NYSEARCA:FSEC) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 132,342 shares, a decrease of 40.1% from the January 15th total of 220,771 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 249,369 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 249,369 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

Fidelity Investment Grade Securitized ETF Trading Up 0.5%

Shares of Fidelity Investment Grade Securitized ETF stock traded up $0.24 during trading on Friday, hitting $44.79. 144,225 shares of the company were exchanged, compared to its average volume of 239,701. Fidelity Investment Grade Securitized ETF has a fifty-two week low of $41.98 and a fifty-two week high of $45.60. The firm has a 50 day moving average price of $44.32 and a 200 day moving average price of $44.24.

Fidelity Investment Grade Securitized ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 29th were paid a dividend of $0.132 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

Institutional Investors Weigh In On Fidelity Investment Grade Securitized ETF

Hedge funds have recently modified their holdings of the company. J.W. Cole Advisors Inc. lifted its stake in shares of Fidelity Investment Grade Securitized ETF by 4.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 5,350 shares of the company’s stock valued at $236,000 after buying an additional 246 shares during the period. Advisory Services Network LLC purchased a new position in shares of Fidelity Investment Grade Securitized ETF during the 3rd quarter worth $27,000. Bank of America Corp DE acquired a new stake in shares of Fidelity Investment Grade Securitized ETF during the fourth quarter worth $45,000. Raymond James Financial Inc. purchased a new stake in shares of Fidelity Investment Grade Securitized ETF in the second quarter valued at $52,000. Finally, Cornerstone Planning Group LLC acquired a new position in Fidelity Investment Grade Securitized ETF in the third quarter valued at $82,000.

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.