Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Stock Short Interest Report for October

Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 206,036 shares, a growth of 208.8% from the October 15th total of 66,721 shares. Based on an average daily volume of 950,781 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FMDE. Serenity Investment Advisors raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 7.7% in the 2nd quarter. Serenity Investment Advisors now owns 307,968 shares of the company’s stock valued at $12,962,000 after buying an additional 21,912 shares during the period. Bleakley Financial Group LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the 1st quarter valued at about $769,000. Independent Financial Group LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the 1st quarter valued at about $3,244,000. Citadel Advisors LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the 2nd quarter valued at about $118,748,000. Finally, Commonwealth Equity Services LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at about $197,339,000.

Fidelity Enhanced Mid Cap ETF Stock Down 0.8%

NYSEARCA FMDE traded down $0.34 on Thursday, reaching $41.90. The stock had a trading volume of 884,722 shares, compared to its average volume of 951,243. The firm has a market capitalization of $8.85 billion, a price-to-earnings ratio of 18.66 and a beta of 0.90. Fidelity Enhanced Mid Cap ETF has a 12-month low of $34.33 and a 12-month high of $42.97. The stock has a fifty day moving average price of $41.32 and a two-hundred day moving average price of $39.62.

About Fidelity Enhanced Mid Cap ETF

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.