FM Compounders Equity ETF (NYSEARCA:FMCE) Sees Large Growth in Short Interest

FM Compounders Equity ETF (NYSEARCA:FMCE) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 31 shares, a growth of 82.4% from the June 30th total of 17 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 240 shares, the short-interest ratio is presently 0.1 days.

FM Compounders Equity ETF Price Performance

Shares of NYSEARCA:FMCE traded up $0.30 during midday trading on Friday, hitting $28.32. The company had a trading volume of 25 shares, compared to its average volume of 452. FM Compounders Equity ETF has a twelve month low of $24.39 and a twelve month high of $29.10. The stock has a market cap of $68.25 million, a price-to-earnings ratio of 20.83 and a beta of 0.75. The business’s 50-day simple moving average is $28.19 and its 200-day simple moving average is $27.05.

About FM Compounders Equity ETF

The FM Compounders Equity ETF (FMCE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, selecting 25-35 US stocks considered to be highly resilient and possess strong competitive advantages. The fund aims for long-term capital appreciation through fundamental research and selective investments FMCE was launched on Nov 8, 2024 and is issued by FM.