Fidelity International High Dividend ETF (NYSEARCA:FIDI) Short Interest Update

Fidelity International High Dividend ETF (NYSEARCA:FIDI) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 160,624 shares, a growth of 679.7% from the June 30th total of 20,601 shares. Based on an average daily volume of 86,071 shares, the short-interest ratio is presently 1.9 days. Currently, 1.3% of the company’s stock are sold short.

Fidelity International High Dividend ETF Price Performance

FIDI stock opened at $28.69 on Monday. The stock has a market capitalization of $355.76 million, a PE ratio of 13.70 and a beta of 0.56. The company’s 50-day moving average is $27.97 and its 200-day moving average is $27.78. Fidelity International High Dividend ETF has a 1 year low of $23.12 and a 1 year high of $28.94.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC bought a new stake in Fidelity International High Dividend ETF during the 3rd quarter valued at $1,868,000. Fullerton Advisors LLC bought a new position in shares of Fidelity International High Dividend ETF in the fourth quarter valued at $1,334,000. Bank of America Corp DE lifted its stake in shares of Fidelity International High Dividend ETF by 62.4% in the third quarter. Bank of America Corp DE now owns 108,104 shares of the company’s stock valued at $2,645,000 after buying an additional 41,529 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Fidelity International High Dividend ETF by 138.0% during the second quarter. JPMorgan Chase & Co. now owns 65,974 shares of the company’s stock worth $1,537,000 after acquiring an additional 38,250 shares in the last quarter. Finally, IFP Advisors Inc increased its position in shares of Fidelity International High Dividend ETF by 164.9% during the fourth quarter. IFP Advisors Inc now owns 38,628 shares of the company’s stock worth $1,001,000 after acquiring an additional 24,047 shares in the last quarter.

About Fidelity International High Dividend ETF

The Fidelity International High Dividend ETF (FIDI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a high-dividend, multi-factor index of large- and mid-cap stocks from developed markets ex-US. FIDI was launched on Jan 16, 2018 and is managed by Fidelity.