Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Sees Significant Drop in Short Interest

by · The Markets Daily

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR – Get Free Report) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 13,422 shares, a decline of 88.0% from the December 15th total of 111,530 shares. Based on an average daily volume of 14,129 shares, the short-interest ratio is presently 0.9 days. Approximately 0.9% of the company’s stock are short sold. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 14,129 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On Fidelity Enhanced Emerging Markets ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Canvas Wealth Advisors LLC purchased a new position in shares of Fidelity Enhanced Emerging Markets ETF during the 2nd quarter valued at approximately $309,000. Elm3 Financial Group LLC acquired a new position in Fidelity Enhanced Emerging Markets ETF during the 2nd quarter worth $375,000. Jane Street Group LLC bought a new stake in shares of Fidelity Enhanced Emerging Markets ETF in the 2nd quarter worth about $469,000. InTrack Investment Management Inc acquired a new stake in shares of Fidelity Enhanced Emerging Markets ETF in the 2nd quarter valued at about $703,000. Finally, MFA Wealth Services bought a new position in shares of Fidelity Enhanced Emerging Markets ETF during the third quarter worth about $1,099,000.

Fidelity Enhanced Emerging Markets ETF Price Performance

Fidelity Enhanced Emerging Markets ETF stock traded down $0.05 during midday trading on Tuesday, hitting $34.56. 35,860 shares of the stock were exchanged, compared to its average volume of 26,408. The company has a 50 day moving average price of $32.07 and a two-hundred day moving average price of $30.65. The firm has a market cap of $51.84 million, a P/E ratio of 13.14 and a beta of 1.57. Fidelity Enhanced Emerging Markets ETF has a 1 year low of $22.11 and a 1 year high of $34.72.

About Fidelity Enhanced Emerging Markets ETF

(Get Free Report)

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.

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