Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Down 60.7% in August

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 8,222 shares, a decrease of 60.7% from the July 30th total of 20,918 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 36,035 shares, the days-to-cover ratio is currently 0.2 days.

Fidelity Enhanced Emerging Markets ETF Trading Down 0.8%

Shares of FEMR stock traded down $0.32 on Friday, reaching $41.03. 25,109 shares of the company’s stock were exchanged, compared to its average volume of 43,141. Fidelity Enhanced Emerging Markets ETF has a 52 week low of $29.02 and a 52 week high of $44.41. The stock has a market capitalization of $172.33 million, a PE ratio of 13.14 and a beta of 1.05. The company’s fifty day simple moving average is $40.59 and its 200 day simple moving average is $39.05.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its position in shares of Fidelity Enhanced Emerging Markets ETF by 11.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 758,172 shares of the company’s stock worth $24,671,000 after buying an additional 79,260 shares in the last quarter. SK Wealth Management LLC raised its holdings in shares of Fidelity Enhanced Emerging Markets ETF by 5.0% in the first quarter. SK Wealth Management LLC now owns 203,101 shares of the company’s stock valued at $7,068,000 after acquiring an additional 9,615 shares in the last quarter. InTrack Investment Management Inc lifted its stake in Fidelity Enhanced Emerging Markets ETF by 23.2% in the second quarter. InTrack Investment Management Inc now owns 101,235 shares of the company’s stock worth $4,311,000 after acquiring an additional 19,079 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Fidelity Enhanced Emerging Markets ETF by 52.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 78,884 shares of the company’s stock worth $2,694,000 after acquiring an additional 27,230 shares in the last quarter. Finally, FWG Holdings LLC purchased a new position in Fidelity Enhanced Emerging Markets ETF during the 4th quarter valued at about $2,657,000.

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.