Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Short Interest Down 53.5% in July

Fidelity Yield Enhanced Equity ETF (BATS:FYEE) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 38,949 shares, a drop of 53.5% from the July 15th total of 83,823 shares. Currently, 7.8% of the company’s shares are sold short. Based on an average trading volume of 66,862 shares, the days-to-cover ratio is presently 0.6 days.

Fidelity Yield Enhanced Equity ETF Trading Down 0.1%

Shares of FYEE opened at $30.30 on Friday. Fidelity Yield Enhanced Equity ETF has a 12-month low of $26.29 and a 12-month high of $30.41. The firm has a market cap of $15.15 million, a P/E ratio of 24.14 and a beta of 1.00. The company’s 50-day moving average price is $29.33 and its 200 day moving average price is $28.91.

Institutional Trading of Fidelity Yield Enhanced Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. boosted its holdings in Fidelity Yield Enhanced Equity ETF by 142.1% in the first quarter. Sunbelt Securities Inc. now owns 5,537 shares of the company’s stock valued at $150,000 after purchasing an additional 3,250 shares during the period. Royal Bank of Canada grew its position in shares of Fidelity Yield Enhanced Equity ETF by 137.7% during the first quarter. Royal Bank of Canada now owns 12,218 shares of the company’s stock worth $331,000 after buying an additional 7,077 shares in the last quarter. Sentinel Advisory Group LLC acquired a new position in shares of Fidelity Yield Enhanced Equity ETF during the first quarter worth about $5,001,000. Cetera Investment Advisers increased its stake in shares of Fidelity Yield Enhanced Equity ETF by 73.4% during the first quarter. Cetera Investment Advisers now owns 168,283 shares of the company’s stock worth $4,566,000 after buying an additional 71,209 shares during the period. Finally, NFSG Corp raised its holdings in Fidelity Yield Enhanced Equity ETF by 31.9% in the first quarter. NFSG Corp now owns 20,534 shares of the company’s stock valued at $557,000 after acquiring an additional 4,972 shares in the last quarter.

Fidelity Yield Enhanced Equity ETF Company Profile

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