Fidelity Enhanced International ETF (NYSEARCA:FENI) Short Interest Update

Fidelity Enhanced International ETF (NYSEARCA:FENI) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 248,588 shares, a decrease of 75.3% from the May 14th total of 1,005,902 shares. Based on an average daily volume of 1,223,541 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Fidelity Enhanced International ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FENI. Royal Bank of Canada boosted its holdings in shares of Fidelity Enhanced International ETF by 353.0% in the 1st quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock worth $486,000 after purchasing an additional 12,733 shares in the last quarter. Jane Street Group LLC boosted its holdings in Fidelity Enhanced International ETF by 149.8% during the 1st quarter. Jane Street Group LLC now owns 348,369 shares of the company’s stock valued at $10,367,000 after acquiring an additional 208,895 shares during the period. JPMorgan Chase & Co. boosted its holdings in Fidelity Enhanced International ETF by 2,638.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 184,490 shares of the company’s stock valued at $6,136,000 after acquiring an additional 177,753 shares during the period. HUB Investment Partners LLC boosted its holdings in Fidelity Enhanced International ETF by 4.3% during the 2nd quarter. HUB Investment Partners LLC now owns 10,061 shares of the company’s stock valued at $335,000 after acquiring an additional 414 shares during the period. Finally, Betterment LLC purchased a new stake in Fidelity Enhanced International ETF during the 2nd quarter valued at about $694,000.

Fidelity Enhanced International ETF Trading Up 0.3%

Shares of FENI traded up $0.13 during midday trading on Friday, reaching $40.29. The stock had a trading volume of 4,692,385 shares, compared to its average volume of 1,835,003. The company’s 50-day moving average is $39.47 and its 200 day moving average is $38.38. Fidelity Enhanced International ETF has a 12-month low of $31.80 and a 12-month high of $40.90. The company has a market capitalization of $9.35 billion, a price-to-earnings ratio of 14.82 and a beta of 0.55.

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.