Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) Shares Shorted: Short Interest Up 159.3% in September

Fidelity MSCI Consumer Discretionary Index ETF (NYSEARCA:FDIS) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 54,568 shares, an increase of 159.3% from the September 15th total of 21,047 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 135,536 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Fidelity MSCI Consumer Discretionary Index ETF

Institutional investors have recently bought and sold shares of the business. Lido Advisors LLC increased its position in shares of Fidelity MSCI Consumer Discretionary Index ETF by 1.3% during the 1st quarter. Lido Advisors LLC now owns 1,503,754 shares of the company’s stock valued at $140,240,000 after purchasing an additional 19,658 shares during the last quarter. Fischer Financial Services Inc. boosted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 2.9% in the 1st quarter. Fischer Financial Services Inc. now owns 141,167 shares of the company’s stock worth $13,165,000 after buying an additional 4,024 shares during the last quarter. Independence Financial Advisors LLC boosted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 6.5% in the 3rd quarter. Independence Financial Advisors LLC now owns 131,483 shares of the company’s stock worth $12,453,000 after buying an additional 8,027 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Fidelity MSCI Consumer Discretionary Index ETF by 5.3% in the 1st quarter. Kestra Advisory Services LLC now owns 86,544 shares of the company’s stock worth $8,071,000 after buying an additional 4,351 shares during the last quarter. Finally, Global Assets Advisory LLC bought a new position in Fidelity MSCI Consumer Discretionary Index ETF during the first quarter valued at about $6,565,000.

Fidelity MSCI Consumer Discretionary Index ETF Stock Down 0.5%

Shares of FDIS traded down $0.48 during trading hours on Monday, hitting $97.76. The company had a trading volume of 94,319 shares, compared to its average volume of 102,944. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 25.42 and a beta of 1.26. The business has a fifty day moving average of $99.86 and a 200-day moving average of $100.14. Fidelity MSCI Consumer Discretionary Index ETF has a 12 month low of $89.95 and a 12 month high of $107.45.

About Fidelity MSCI Consumer Discretionary Index ETF

The Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a market-cap-weighted index of stocks in the US consumer discretionary sector. FDIS was launched on Oct 21, 2013 and is managed by Fidelity.