Fidelity Enhanced International ETF (NYSEARCA:FENI) Shares Shorted: Short Interest Up 129.6% in September

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 554,656 shares, a growth of 129.6% from the August 31st total of 241,623 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,174,568 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

Hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its position in shares of Fidelity Enhanced International ETF by 89.5% in the second quarter. Envestnet Asset Management Inc. now owns 8,917,073 shares of the company’s stock worth $357,842,000 after buying an additional 4,212,434 shares during the period. Cetera Investment Advisers grew its stake in shares of Fidelity Enhanced International ETF by 43.9% during the first quarter. Cetera Investment Advisers now owns 4,260,462 shares of the company’s stock valued at $158,489,000 after acquiring an additional 1,299,196 shares in the last quarter. LPL Financial LLC grew its stake in shares of Fidelity Enhanced International ETF by 43.1% during the fourth quarter. LPL Financial LLC now owns 4,125,590 shares of the company’s stock valued at $150,914,000 after acquiring an additional 1,242,471 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of Fidelity Enhanced International ETF by 32.8% during the first quarter. Kestra Advisory Services LLC now owns 3,987,513 shares of the company’s stock worth $148,335,000 after acquiring an additional 983,896 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Fidelity Enhanced International ETF by 586.8% in the first quarter. Bank of America Corp DE now owns 3,662,354 shares of the company’s stock worth $136,240,000 after acquiring an additional 3,129,069 shares in the last quarter.

Fidelity Enhanced International ETF Trading Down 0.5%

NYSEARCA:FENI traded down $0.19 on Monday, hitting $40.33. 1,337,548 shares of the stock were exchanged, compared to its average volume of 1,628,845. The stock has a market cap of $11.36 billion, a PE ratio of 14.82 and a beta of 0.54. The stock has a fifty day moving average of $40.98 and a 200-day moving average of $39.85. Fidelity Enhanced International ETF has a fifty-two week low of $34.36 and a fifty-two week high of $42.08.

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.