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

FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,102 shares, a growth of 224.1% from the February 12th total of 340 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 869 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 869 shares, the short-interest ratio is currently 1.3 days. Currently, 0.0% of the shares of the company are short sold.

FMC Excelsior Focus Equity ETF Trading Down 1.9%

FMCX stock traded down $0.64 during trading on Thursday, reaching $32.84. 106 shares of the stock were exchanged, compared to its average volume of 1,288. 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 capitalization of $105.42 million, a P/E ratio of 29.12 and a beta of 0.97. The stock has a 50 day simple moving average of $34.38 and a 200-day simple moving average of $34.57.

FMC Excelsior Focus Equity ETF Dividend Announcement

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

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.