Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Down 60.7% in August

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 8,222 shares, a decrease of 60.7% from the July 30th total of 20,918 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 36,035 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Fidelity Enhanced Emerging Markets ETF

Hedge funds have recently made changes to their positions in the business. Commonwealth Equity Services LLC lifted its stake in Fidelity Enhanced Emerging Markets ETF by 11.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 758,172 shares of the company’s stock valued at $24,671,000 after purchasing an additional 79,260 shares during the last quarter. SK Wealth Management LLC increased its holdings 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 buying an additional 9,615 shares in the last quarter. InTrack Investment Management Inc lifted its position in shares of Fidelity Enhanced Emerging Markets ETF by 23.2% during the 2nd quarter. InTrack Investment Management Inc now owns 101,235 shares of the company’s stock valued at $4,311,000 after acquiring an additional 19,079 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position 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 valued at $2,694,000 after acquiring an additional 27,230 shares during the last quarter. Finally, FWG Holdings LLC bought a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the 4th quarter worth $2,657,000.

Fidelity Enhanced Emerging Markets ETF Trading Down 0.8%

NYSEARCA:FEMR traded down $0.32 during mid-day trading on Friday, reaching $41.03. 25,109 shares of the stock were exchanged, compared to its average volume of 43,141. The business has a fifty day moving average price of $40.59 and a 200 day moving average price of $39.05. The firm has a market capitalization of $172.33 million, a PE ratio of 13.14 and a beta of 1.05. Fidelity Enhanced Emerging Markets ETF has a 1-year low of $29.02 and a 1-year high of $44.41.

Fidelity Enhanced Emerging Markets ETF Company Profile

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.