Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Update

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 7,764 shares, a decrease of 87.3% from the May 31st total of 61,029 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 45,593 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Fidelity Enhanced Emerging Markets ETF

A number of hedge funds have recently made changes to their positions in FEMR. Jane Street Group LLC bought a new position in Fidelity Enhanced Emerging Markets ETF during the second quarter valued at approximately $469,000. Founders Financial Securities LLC purchased a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the 1st quarter worth approximately $969,000. MFA Wealth Services bought a new position in shares of Fidelity Enhanced Emerging Markets ETF during the 3rd quarter valued at approximately $1,099,000. EverSource Wealth Advisors LLC purchased a new position in shares of Fidelity Enhanced Emerging Markets ETF in the fourth quarter valued at $1,681,000. Finally, InTrack Investment Management Inc increased its position in Fidelity Enhanced Emerging Markets ETF by 40.6% in the fourth quarter. InTrack Investment Management Inc now owns 56,953 shares of the company’s stock worth $1,853,000 after purchasing an additional 16,446 shares during the last quarter.

Fidelity Enhanced Emerging Markets ETF Trading Down 1.0%

Fidelity Enhanced Emerging Markets ETF stock traded down $0.41 during mid-day trading on Friday, hitting $41.76. The stock had a trading volume of 37,947 shares, compared to its average volume of 42,403. Fidelity Enhanced Emerging Markets ETF has a one year low of $27.92 and a one year high of $44.41. The firm has a market capitalization of $125.28 million, a P/E ratio of 13.14 and a beta of 1.01. The firm’s 50 day moving average is $40.85 and its 200 day moving average is $36.92.

Fidelity Enhanced Emerging Markets ETF Company Profile

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.