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

FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 1 shares, a decline of 90.0% from the June 30th total of 10 shares. Based on an average daily volume of 126 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

FMC Excelsior Focus Equity ETF Trading Down 0.3%

Shares of FMCX traded down $0.09 during mid-day trading on Friday, hitting $35.05. The company’s stock had a trading volume of 1,263 shares, compared to its average volume of 1,008. The company’s 50-day moving average is $36.47 and its 200-day moving average is $35.05. FMC Excelsior Focus Equity ETF has a 52-week low of $31.29 and a 52-week high of $37.44. The firm has a market capitalization of $112.86 million, a price-to-earnings ratio of 29.12 and a beta of 0.98.

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.