FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) Sees Significant Decline in Short Interest

FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 398 shares, a decrease of 43.4% from the December 15th total of 703 shares. Based on an average daily trading volume, of 318 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 318 shares, the short-interest ratio is presently 1.3 days.

FMC Excelsior Focus Equity ETF Stock Performance

FMCX stock traded up $0.12 during trading on Friday, reaching $35.50. The company had a trading volume of 25 shares, compared to its average volume of 257. The firm has a 50-day simple moving average of $34.69 and a 200-day simple moving average of $34.43. FMC Excelsior Focus Equity ETF has a twelve month low of $26.86 and a twelve month high of $36.17. The company has a market cap of $113.96 million, a price-to-earnings ratio of 29.12 and a beta of 0.97.

FMC Excelsior Focus Equity ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, December 22nd. Investors of record on Tuesday, December 16th were issued a dividend of $0.0776 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 45.0%.

About FMC Excelsior Focus Equity ETF

The FMC Excelsior Focus Equity ETF (FMCX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US-listed companies, selected using a research-intensive, bottom-up fundamental approach. The fund utilizes the Precidian non-transparent model. FMCX was launched on Apr 25, 2022 and is managed by First Manhattan.