FM Compounders Equity ETF (NYSEARCA:FMCE) Sees Significant Decrease in Short Interest

FM Compounders Equity ETF (NYSEARCA:FMCE) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 17 shares, a drop of 37.0% from the June 15th total of 27 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 212 shares, the days-to-cover ratio is currently 0.1 days.

FM Compounders Equity ETF Trading Down 0.7%

Shares of NYSEARCA FMCE opened at $28.21 on Friday. The firm’s 50-day moving average price is $28.18 and its 200-day moving average price is $26.96. The firm has a market capitalization of $67.99 million, a P/E ratio of 20.83 and a beta of 0.75. FM Compounders Equity ETF has a 1-year low of $24.39 and a 1-year high of $29.10.

FM Compounders Equity ETF Company Profile

The FM Compounders Equity ETF (FMCE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, selecting 25-35 US stocks considered to be highly resilient and possess strong competitive advantages. The fund aims for long-term capital appreciation through fundamental research and selective investments FMCE was launched on Nov 8, 2024 and is issued by FM.