Fidelity Hedged Equity ETF (BATS:FHEQ) Sees Large Growth in Short Interest

Fidelity Hedged Equity ETF (BATS:FHEQ) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 56,516 shares, a growth of 88.9% from the April 15th total of 29,911 shares. Based on an average daily trading volume, of 69,541 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the shares of the company are sold short.

Fidelity Hedged Equity ETF Trading Up 0.1%

BATS:FHEQ traded up $0.03 during mid-day trading on Monday, reaching $33.00. The company’s stock had a trading volume of 297 shares, compared to its average volume of 121,796. Fidelity Hedged Equity ETF has a 12-month low of $27.18 and a 12-month high of $33.50. The firm’s fifty day moving average price is $30.86 and its two-hundred day moving average price is $30.91. The stock has a market cap of $590.70 million, a P/E ratio of 23.95 and a beta of 0.87.

About Fidelity Hedged Equity ETF

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