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

Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 1,486 shares, a drop of 71.2% from the August 31st total of 5,166 shares. Based on an average daily volume of 3,222 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.

Fidelity Enhanced US All-Cap Equity ETF Trading Up 0.6%

NYSEARCA:FEAC opened at $33.17 on Friday. The firm has a 50 day moving average of $33.07 and a 200-day moving average of $31.55. Fidelity Enhanced US All-Cap Equity ETF has a 1 year low of $26.95 and a 1 year high of $34.05. The stock has a market capitalization of $16.59 million, a P/E ratio of 22.69 and a beta of 0.99.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Fidelity Enhanced US All-Cap Equity ETF stock. Concurrent Investment Advisors LLC bought 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 13F filing with the Securities & Exchange Commission. The fund bought 688,161 shares of the company’s stock, valued at approximately $22,257,000. Concurrent Investment Advisors LLC owned about 132.34% of Fidelity Enhanced US All-Cap Equity ETF as of its most recent SEC filing. Hedge funds and other institutional investors own 40.83% of the company’s stock.

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