Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) Short Interest Update

Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,425 shares, a decline of 35.3% from the July 30th total of 2,201 shares. Based on an average daily trading volume, of 4,344 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Fidelity Enhanced US All-Cap Equity ETF stock. Concurrent Investment Advisors LLC purchased a new position in shares of Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 688,161 shares of the company’s stock, valued at approximately $22,257,000. Concurrent Investment Advisors LLC owned 132.34% of Fidelity Enhanced US All-Cap Equity ETF as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 40.83% of the company’s stock.

Fidelity Enhanced US All-Cap Equity ETF Price Performance

Shares of NYSEARCA:FEAC opened at $33.21 on Thursday. The company’s 50-day moving average price is $32.82 and its two-hundred day moving average price is $31.11. Fidelity Enhanced US All-Cap Equity ETF has a one year low of $26.95 and a one year high of $34.05. The stock has a market capitalization of $17.27 million, a PE ratio of 22.69 and a beta of 0.99.

Fidelity Enhanced US All-Cap Equity ETF Company Profile

The Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in US equity securities across all market capitalizations. The fund aims for capital growth