Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Short Interest Update

Fidelity Yield Enhanced Equity ETF (BATS:FYEE) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 38,949 shares, a drop of 53.5% from the July 15th total of 83,823 shares. Based on an average trading volume of 66,862 shares, the days-to-cover ratio is currently 0.6 days. Approximately 7.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Sunbelt Securities Inc. lifted its position in shares of Fidelity Yield Enhanced Equity ETF by 696.9% during the 4th quarter. Sunbelt Securities Inc. now owns 2,287 shares of the company’s stock valued at $66,000 after acquiring an additional 2,000 shares during the period. Royal Bank of Canada acquired a new stake in shares of Fidelity Yield Enhanced Equity ETF in the 4th quarter worth about $147,000. Kestra Advisory Services LLC acquired a new stake in shares of Fidelity Yield Enhanced Equity ETF in the 4th quarter worth about $160,000. LPL Financial LLC bought a new position in Fidelity Yield Enhanced Equity ETF in the 4th quarter valued at about $322,000. Finally, J.W. Cole Advisors Inc. bought a new position in Fidelity Yield Enhanced Equity ETF in the 4th quarter valued at about $348,000.

Fidelity Yield Enhanced Equity ETF Price Performance

BATS:FYEE opened at $30.30 on Friday. The company has a market cap of $15.15 million, a PE ratio of 24.14 and a beta of 1.00. Fidelity Yield Enhanced Equity ETF has a one year low of $26.29 and a one year high of $30.41. The firm’s 50 day simple moving average is $29.33 and its 200 day simple moving average is $28.91.

Fidelity Yield Enhanced Equity ETF Company Profile

The Fidelity Yield Enhanced Equity ETF (FYEE) is an exchange-traded fund that trades on the BATS exchange in the United States.