FM Compounders Equity ETF (NYSEARCA:FMCE) Sees Large Decline in Short Interest

FM Compounders Equity ETF (NYSEARCA:FMCE) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 17 shares, a drop of 37.0% from the June 15th total of 27 shares. Based on an average daily volume of 212 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

FM Compounders Equity ETF Price Performance

NYSEARCA FMCE remained flat at $28.42 during trading on Friday. The company’s stock had a trading volume of 9 shares, compared to its average volume of 453. The firm’s fifty day simple moving average is $28.18 and its 200 day simple moving average is $26.96. The firm has a market capitalization of $68.49 million, a PE ratio of 20.83 and a beta of 0.75. FM Compounders Equity ETF has a 1 year low of $24.39 and a 1 year high of $29.10.

About FM Compounders Equity ETF

The FM Compounders Equity ETF (FMCE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, selecting 25-35 US stocks considered to be highly resilient and possess strong competitive advantages. The fund aims for long-term capital appreciation through fundamental research and selective investments FMCE was launched on Nov 8, 2024 and is issued by FM.