Short Interest in Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) Expands By 64.2%

Posted by Paula Ricardo on Aug 18th, 2026

Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC – Get Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 220,017 shares, a growth of 64.2% from the July 15th total of 133,960 shares. Based on an average daily volume of 330,332 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Trading of Fidelity MSCI Information Technology Index ETF

Several hedge funds have recently modified their holdings of the company. Compass Financial Management LLC acquired a new position in Fidelity MSCI Information Technology Index ETF in the second quarter worth $213,000. Fulcrum Equity Management acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the second quarter valued at $328,000. Bay Rivers Group acquired a new stake in shares of Fidelity MSCI Information Technology Index ETF in the second quarter valued at $214,000. Allied Private Wealth LLC bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the second quarter valued at about $2,042,000. Finally, IFC & Insurance Marketing Inc. bought a new position in shares of Fidelity MSCI Information Technology Index ETF in the second quarter valued at about $249,000.

Fidelity MSCI Information Technology Index ETF Price Performance

Shares of FTEC traded down $6.54 during trading hours on Tuesday, hitting $285.82. The stock had a trading volume of 263,407 shares, compared to its average volume of 395,798. The company’s fifty day moving average is $278.64 and its two-hundred day moving average is $251.51. Fidelity MSCI Information Technology Index ETF has a 52 week low of $198.17 and a 52 week high of $300.79. The stock has a market capitalization of $21.01 billion, a price-to-earnings ratio of 35.45 and a beta of 1.34.

Fidelity MSCI Information Technology Index ETF Company Profile

(Get Free Report)

The Fidelity MSCI Information Technology Index ETF (FTEC) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market-cap-weighted index of stocks in the broad US information technology sector. FTEC was launched on Oct 21, 2013 and is managed by Fidelity.