Fidelity Clean Energy ETF (BATS:FRNW) Shares Shorted: Short Interest Up 78.0% in September

Fidelity Clean Energy ETF (BATS:FRNW) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 3,698 shares, a growth of 78.0% from the September 15th total of 2,078 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 25,154 shares, the short-interest ratio is currently 0.1 days.

Fidelity Clean Energy ETF Trading Down 3.6%

BATS FRNW opened at $20.31 on Thursday. The firm’s 50 day simple moving average is $21.96 and its 200 day simple moving average is $23.55. The firm has a market capitalization of $33.51 million, a price-to-earnings ratio of 21.58 and a beta of 1.12. Fidelity Clean Energy ETF has a 1 year low of $19.24 and a 1 year high of $27.97.

Institutional Trading of Fidelity Clean Energy ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc acquired a new stake in shares of Fidelity Clean Energy ETF during the 2nd quarter valued at $62,000. Citadel Advisors LLC bought a new stake in Fidelity Clean Energy ETF during the 2nd quarter worth approximately $327,000. Sunbelt Securities Inc. increased its position in Fidelity Clean Energy ETF by 3.5% in the 1st quarter. Sunbelt Securities Inc. now owns 11,992 shares of the company’s stock valued at $277,000 after acquiring an additional 411 shares during the period. Finally, Brookstone Capital Management acquired a new position in Fidelity Clean Energy ETF in the 1st quarter valued at approximately $602,000.

Fidelity Clean Energy ETF Company Profile

The Fidelity Clean Energy ETF (FRNW) is an exchange-traded fund that is based on the Fidelity Clean Energy index, a market-cap-weighted index of global clean energy companies screened for environmental, social, and governance factors. FRNW was launched on Oct 5, 2021 and is managed by Fidelity.