Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Short Interest Update

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 353,832 shares, an increase of 50.0% from the July 30th total of 235,920 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 381,550 shares, the days-to-cover ratio is presently 0.9 days.

Fidelity Enhanced Large Cap Growth ETF Price Performance

FELG stock traded up $0.24 on Wednesday, reaching $43.87. 31,915 shares of the company traded hands, compared to its average volume of 575,205. The firm has a fifty day simple moving average of $43.49 and a 200-day simple moving average of $42.03. The company has a market cap of $5.65 billion, a P/E ratio of 32.16 and a beta of 1.24. Fidelity Enhanced Large Cap Growth ETF has a one year low of $35.92 and a one year high of $45.63.

Institutional Trading of Fidelity Enhanced Large Cap Growth ETF

Several large investors have recently modified their holdings of FELG. Pathfinder Wealth Consulting Inc. bought a new position in shares of Fidelity Enhanced Large Cap Growth ETF in the fourth quarter worth about $4,210,000. Sunbelt Securities Inc. grew its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 154.6% during the 4th quarter. Sunbelt Securities Inc. now owns 40,505 shares of the company’s stock valued at $1,689,000 after acquiring an additional 24,595 shares during the period. Northwest Wealth Advisors LLC increased its holdings in Fidelity Enhanced Large Cap Growth ETF by 13.8% in the 1st quarter. Northwest Wealth Advisors LLC now owns 191,167 shares of the company’s stock worth $7,167,000 after acquiring an additional 23,152 shares in the last quarter. SHP Wealth Management purchased a new stake in Fidelity Enhanced Large Cap Growth ETF in the 4th quarter worth approximately $608,000. Finally, Triad Wealth Partners LLC bought a new stake in Fidelity Enhanced Large Cap Growth ETF during the 1st quarter worth approximately $778,000.

Fidelity Enhanced Large Cap Growth ETF Company Profile

The Fidelity Enhanced Large Cap Growth ETF (FELG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in large-cap growth stocks belonging to a broad US equity growth index. The fund aims for capital growth FELG was launched on Apr 19, 2007 and is issued by Fidelity.