Fidelity International High Dividend ETF (NYSEARCA:FIDI) Stock Short Interest Climbs 109.5%

Fidelity International High Dividend ETF (NYSEARCA:FIDI) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 17,792 shares, a growth of 109.5% from the September 15th total of 8,494 shares. Based on an average daily volume of 51,048 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Fidelity International High Dividend ETF Price Performance

Fidelity International High Dividend ETF stock traded up $0.28 during midday trading on Thursday, hitting $28.48. 25,393 shares of the company were exchanged, compared to its average volume of 80,731. The company’s fifty day moving average price is $28.86 and its 200-day moving average price is $28.37. The company has a market cap of $393.02 million, a PE ratio of 13.70 and a beta of 0.57. Fidelity International High Dividend ETF has a fifty-two week low of $24.20 and a fifty-two week high of $29.73.

Hedge Funds Weigh In On Fidelity International High Dividend ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. PFG Investments LLC acquired a new stake in Fidelity International High Dividend ETF in the 1st quarter valued at about $203,000. KWB Wealth acquired a new position in Fidelity International High Dividend ETF during the 2nd quarter valued at $288,000. Advocate Investing Services LLC acquired a new stake in shares of Fidelity International High Dividend ETF during the 1st quarter valued at about $306,000. Midwest Financial Network LLC acquired a new position in Fidelity International High Dividend ETF in the third quarter valued at about $365,000. Finally, Arwa LLC bought a new position in shares of Fidelity International High Dividend ETF in the fourth quarter worth about $344,000.

Fidelity International High Dividend ETF Company Profile

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.