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 during the month of January. As of January 15th, there was short interest totaling 159,926 shares, a decrease of 29.5% from the December 31st total of 226,818 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 845,697 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 845,697 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Fidelity Enhanced Mid Cap ETF

Several large investors have recently modified their holdings of the company. TrueWealth Advisors LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF during the third quarter valued at about $3,843,000. Adamsbrown Wealth Consultants LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the third quarter valued at about $18,243,000. Elevation Point Wealth Partners LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at approximately $548,000. Commonwealth Equity Services LLC raised its holdings in Fidelity Enhanced Mid Cap ETF by 10.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,396,195 shares of the company’s stock valued at $50,472,000 after acquiring an additional 128,527 shares in the last quarter. Finally, Smithfield Trust Co grew its holdings in shares of Fidelity Enhanced Mid Cap ETF by 48.5% during the 2nd quarter. Smithfield Trust Co now owns 10,715 shares of the company’s stock worth $368,000 after purchasing an additional 3,500 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

FMDE traded down $0.46 on Friday, hitting $36.81. The company had a trading volume of 788,320 shares, compared to its average volume of 883,971. The stock has a market cap of $5.00 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13. The company’s fifty day moving average price is $36.85 and its 200 day moving average price is $36.02. Fidelity Enhanced Mid Cap ETF has a 1-year low of $26.93 and a 1-year high of $37.92.

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.