Short Interest in Fidelity Enhanced International ETF (NYSEARCA:FENI) Decreases By 91.4%

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the target of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 302,897 shares, a decrease of 91.4% from the January 29th total of 3,516,014 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 2,665,830 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 2,665,830 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

Fidelity Enhanced International ETF Price Performance

Fidelity Enhanced International ETF stock traded up $0.52 during trading hours on Wednesday, reaching $40.87. The stock had a trading volume of 1,655,634 shares, compared to its average volume of 2,387,574. The company has a fifty day simple moving average of $38.41 and a 200-day simple moving average of $36.36. Fidelity Enhanced International ETF has a 52 week low of $26.21 and a 52 week high of $40.87. The stock has a market cap of $7.41 billion, a PE ratio of 14.82 and a beta of 0.50.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FENI. Grey Fox Wealth Advisors LLC purchased a new stake in Fidelity Enhanced International ETF in the 3rd quarter worth approximately $38,000. Spire Wealth Management raised its holdings in shares of Fidelity Enhanced International ETF by 110.9% during the fourth quarter. Spire Wealth Management now owns 1,592 shares of the company’s stock valued at $58,000 after acquiring an additional 837 shares in the last quarter. Allworth Financial LP lifted its stake in Fidelity Enhanced International ETF by 21.1% in the fourth quarter. Allworth Financial LP now owns 1,679 shares of the company’s stock worth $61,000 after acquiring an additional 292 shares during the period. Armor Investment Advisors LLC bought a new stake in Fidelity Enhanced International ETF in the second quarter valued at $60,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Fidelity Enhanced International ETF by 386.2% in the third quarter. EverSource Wealth Advisors LLC now owns 1,867 shares of the company’s stock valued at $66,000 after acquiring an additional 1,483 shares in the last quarter.

Fidelity Enhanced International ETF Company Profile

The Fidelity Enhanced International ETF (FENI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in companies of any capitalization in developed markets, excluding the US and Canada. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the MSCI EAFE Index. FENI was launched on Dec 20, 2007 and is issued by Fidelity.