Short Interest in Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Rises By 127.1%

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 61,029 shares, an increase of 127.1% from the May 14th total of 26,869 shares. Based on an average daily trading volume, of 40,913 shares, the short-interest ratio is currently 1.5 days. Approximately 2.0% of the shares of the company are short sold.

Fidelity Enhanced Emerging Markets ETF Stock Up 0.4%

FEMR stock opened at $41.85 on Friday. Fidelity Enhanced Emerging Markets ETF has a twelve month low of $27.18 and a twelve month high of $44.00. The company has a market cap of $125.55 million, a PE ratio of 13.14 and a beta of 1.01. The business’s 50-day simple moving average is $39.56 and its 200 day simple moving average is $36.17.

Institutional Trading of Fidelity Enhanced Emerging Markets ETF

A number of hedge funds have recently modified their holdings of FEMR. EverSource Wealth Advisors LLC grew its holdings in shares of Fidelity Enhanced Emerging Markets ETF by 52.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 78,884 shares of the company’s stock worth $2,694,000 after purchasing an additional 27,230 shares in the last quarter. SK Wealth Management LLC raised its stake in shares of Fidelity Enhanced Emerging Markets ETF by 5.0% in the first quarter. SK Wealth Management LLC now owns 203,101 shares of the company’s stock valued at $7,068,000 after purchasing an additional 9,615 shares in the last quarter. Founders Financial Securities LLC bought a new position in Fidelity Enhanced Emerging Markets ETF in the first quarter worth $969,000. Commonwealth Equity Services LLC lifted its position in Fidelity Enhanced Emerging Markets ETF by 11.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 758,172 shares of the company’s stock worth $24,671,000 after purchasing an additional 79,260 shares during the period. Finally, FWG Holdings LLC acquired a new stake in Fidelity Enhanced Emerging Markets ETF during the fourth quarter worth $2,657,000.

About Fidelity Enhanced Emerging Markets ETF

The Fidelity Enhanced Emerging Markets ETF (FEMR) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of issuers in emerging markets. The fund aims for growth of capital FEMR was launched on Nov 19, 2024 and is issued by Fidelity.