Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Short Interest Update

Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 219,230 shares, a decrease of 52.4% from the June 30th total of 460,186 shares. Based on an average trading volume of 254,757 shares, the short-interest ratio is currently 0.9 days. Approximately 0.9% of the company’s stock are sold short.

Institutional Trading of Fidelity Fundamental Small-Mid Cap ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Elyxium Wealth LLC purchased a new position in Fidelity Fundamental Small-Mid Cap ETF in the fourth quarter worth about $31,000. AdvisorNet Financial Inc grew its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 1,185.9% during the first quarter. AdvisorNet Financial Inc now owns 1,736 shares of the company’s stock valued at $55,000 after buying an additional 1,601 shares during the last quarter. Geneos Wealth Management Inc. purchased a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the second quarter valued at approximately $101,000. Fifth Third Bancorp purchased a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the first quarter valued at approximately $218,000. Finally, Farther Finance Advisors LLC increased its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 10,088.7% during the fourth quarter. Farther Finance Advisors LLC now owns 7,234 shares of the company’s stock valued at $222,000 after acquiring an additional 7,163 shares in the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Price Performance

Shares of BATS:FFSM opened at $36.94 on Tuesday. The business has a fifty day moving average price of $36.69 and a 200-day moving average price of $34.63. The company has a market capitalization of $941.97 million, a PE ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a 1-year low of $26.83 and a 1-year high of $38.42.

Fidelity Fundamental Small-Mid Cap ETF Company Profile

The Fidelity Fundamental Small-Mid Cap ETF (FFSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed, non-transparent ETF that invests in global stocks with small to medium capitalization. The fund utilizes the Fidelity non-transparent model. FFSM was launched on Feb 2, 2021 and is issued by Fidelity.