Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Short Interest Update

Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 133,667 shares, a decrease of 71.0% from the June 30th total of 460,392 shares. Based on an average daily trading volume, of 883,367 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Fidelity Enhanced Mid Cap ETF

Large investors have recently modified their holdings of the business. Anchor Investment Management LLC acquired a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter worth $30,000. Cornerstone Planning Group LLC boosted its position in Fidelity Enhanced Mid Cap ETF by 70.1% during the first quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock worth $43,000 after purchasing an additional 454 shares during the period. Quattro Advisors LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter worth $43,000. Root Financial Partners LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF in the first quarter valued at $54,000. Finally, Advisory Services Network LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the third quarter valued at about $75,000.

Fidelity Enhanced Mid Cap ETF Trading Up 0.5%

NYSEARCA:FMDE opened at $40.57 on Friday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $34.06 and a 1 year high of $40.86. The stock has a 50-day moving average price of $39.98 and a two-hundred day moving average price of $38.28. The stock has a market cap of $7.55 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91.

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.