Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Stock Short Interest Report for October

Fidelity Yield Enhanced Equity ETF (BATS:FYEE) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 43,254 shares, a decline of 35.2% from the September 30th total of 66,752 shares. Based on an average daily volume of 103,885 shares, the days-to-cover ratio is currently 0.4 days. Currently, 8.7% of the company’s stock are short sold.

Fidelity Yield Enhanced Equity ETF Price Performance

Shares of BATS:FYEE opened at $29.53 on Wednesday. The company has a market cap of $14.77 million, a P/E ratio of 24.14 and a beta of 1.00. Fidelity Yield Enhanced Equity ETF has a 1 year low of $26.29 and a 1 year high of $30.52. The stock’s fifty day moving average price is $29.99 and its 200-day moving average price is $29.22.

Hedge Funds Weigh In On Fidelity Yield Enhanced Equity ETF

A number of hedge funds have recently bought and sold shares of FYEE. Concurrent Investment Advisors LLC lifted its position in Fidelity Yield Enhanced Equity ETF by 1.6% during the second quarter. Concurrent Investment Advisors LLC now owns 240,180 shares of the company’s stock valued at $6,939,000 after purchasing an additional 3,898 shares during the period. Sentinel Advisory Group LLC boosted its holdings in Fidelity Yield Enhanced Equity ETF by 2.3% in the third quarter. Sentinel Advisory Group LLC now owns 214,373 shares of the company’s stock worth $6,365,000 after purchasing an additional 4,868 shares during the last quarter. Bleakley Financial Group LLC boosted its holdings in Fidelity Yield Enhanced Equity ETF by 2.4% in the first quarter. Bleakley Financial Group LLC now owns 183,026 shares of the company’s stock worth $4,965,000 after purchasing an additional 4,212 shares during the last quarter. Cetera Investment Advisers grew its position in Fidelity Yield Enhanced Equity ETF by 73.4% in the 1st quarter. Cetera Investment Advisers now owns 168,283 shares of the company’s stock worth $4,566,000 after purchasing an additional 71,209 shares during the period. Finally, Kestra Advisory Services LLC grew its position in Fidelity Yield Enhanced Equity ETF by 143.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 84,442 shares of the company’s stock worth $2,507,000 after purchasing an additional 49,795 shares during the period.

About Fidelity Yield Enhanced Equity ETF

The Fidelity Yield Enhanced Equity ETF (FYEE) is an exchange-traded fund that trades on the BATS exchange in the United States.