Fidelity Fundamental Developed International ETF (BATS:FFDI) Short Interest Update

Fidelity Fundamental Developed International ETF (BATS:FFDI) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,409 shares, a growth of 108.8% from the August 15th total of 2,112 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 2,016 shares, the short-interest ratio is presently 2.2 days.

Hedge Funds Weigh In On Fidelity Fundamental Developed International ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of FFDI. Anson Capital Inc. raised its position in shares of Fidelity Fundamental Developed International ETF by 1.2% during the 2nd quarter. Anson Capital Inc. now owns 173,648 shares of the company’s stock worth $5,677,000 after purchasing an additional 2,101 shares during the period. Kestra Advisory Services LLC boosted its position in Fidelity Fundamental Developed International ETF by 3.7% during the 1st quarter. Kestra Advisory Services LLC now owns 14,499 shares of the company’s stock valued at $430,000 after purchasing an additional 513 shares during the period. Finally, Kestra Private Wealth Services LLC grew its stake in Fidelity Fundamental Developed International ETF by 21.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 11,306 shares of the company’s stock worth $335,000 after buying an additional 2,033 shares during the last quarter.

Fidelity Fundamental Developed International ETF Stock Performance

Fidelity Fundamental Developed International ETF stock opened at $32.02 on Wednesday. Fidelity Fundamental Developed International ETF has a 1 year low of $28.34 and a 1 year high of $33.78. The firm’s 50-day moving average is $32.58 and its 200-day moving average is $31.84. The company has a market cap of $19.21 million, a P/E ratio of 20.60 and a beta of 0.59.

Fidelity Fundamental Developed International ETF Company Profile

The Fidelity Fundamental Developed International ETF (FFDI) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to achieve long-term capital growth through an actively managed portfolio of developed markets ex-US equity securities selected based on fundamental factors. The fund includes issuers of any market capitalization. FFDI was launched on Nov 19, 2024 and is issued by Fidelity.