Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Stock Short Interest Report for October

Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 66,721 shares, a drop of 82.0% from the September 30th total of 370,197 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,034,723 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of NYSEARCA FMDE traded up $0.01 during mid-day trading on Tuesday, reaching $41.70. The company had a trading volume of 405,872 shares, compared to its average volume of 935,320. The company has a market capitalization of $8.53 billion, a price-to-earnings ratio of 20.20 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 12-month low of $34.33 and a 12-month high of $42.97. The stock has a fifty day moving average of $41.46 and a two-hundred day moving average of $39.34.

Hedge Funds Weigh In On Fidelity Enhanced Mid Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at approximately $118,748,000. Cetera Investment Advisers raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 24.3% during the 1st quarter. Cetera Investment Advisers now owns 2,043,214 shares of the company’s stock worth $73,474,000 after buying an additional 398,833 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Fidelity Enhanced Mid Cap ETF by 9.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,983,161 shares of the company’s stock valued at $80,477,000 after purchasing an additional 171,715 shares during the last quarter. Kestra Advisory Services LLC increased its position in Fidelity Enhanced Mid Cap ETF by 24.7% in the 1st quarter. Kestra Advisory Services LLC now owns 1,901,836 shares of the company’s stock valued at $68,390,000 after acquiring an additional 376,601 shares during the period. Finally, Capital Analysts LLC raised its holdings in Fidelity Enhanced Mid Cap ETF by 1.3% during the 2nd quarter. Capital Analysts LLC now owns 1,862,959 shares of the company’s stock worth $75,598,000 after purchasing an additional 23,483 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Company Profile

The Fidelity Enhanced Mid Cap ETF (FMDE) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed fund that invests in US, mid-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel Midcap Index. FMDE was launched on Dec 20, 2007 and is issued by Fidelity.