Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Up 127.1% in May

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 61,029 shares, a growth of 127.1% from the May 14th total of 26,869 shares. Approximately 2.0% of the company’s shares are short sold. Based on an average daily volume of 40,913 shares, the short-interest ratio is presently 1.5 days.

Fidelity Enhanced Emerging Markets ETF Price Performance

Shares of NYSEARCA:FEMR opened at $41.85 on Monday. The firm has a market capitalization of $125.55 million, a PE ratio of 13.14 and a beta of 1.01. The firm’s 50-day moving average is $39.56 and its two-hundred day moving average is $36.21. Fidelity Enhanced Emerging Markets ETF has a 1 year low of $27.18 and a 1 year high of $44.00.

Institutional Trading of Fidelity Enhanced Emerging Markets ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FEMR. Jane Street Group LLC purchased a new stake in Fidelity Enhanced Emerging Markets ETF during the second quarter worth about $469,000. MFA Wealth Services purchased a new stake in Fidelity Enhanced Emerging Markets ETF during the third quarter worth about $1,099,000. InTrack Investment Management Inc increased its stake in Fidelity Enhanced Emerging Markets ETF by 40.6% during the fourth quarter. InTrack Investment Management Inc now owns 56,953 shares of the company’s stock worth $1,853,000 after purchasing an additional 16,446 shares during the period. SK Wealth Management LLC increased its stake in Fidelity Enhanced Emerging Markets ETF by 74.4% during the fourth quarter. SK Wealth Management LLC now owns 193,486 shares of the company’s stock worth $6,296,000 after purchasing an additional 82,548 shares during the period. Finally, FWG Holdings LLC purchased a new stake in Fidelity Enhanced Emerging Markets ETF during the fourth quarter worth about $2,657,000.

Fidelity Enhanced Emerging Markets ETF Company Profile

The Fidelity Enhanced Emerging Markets ETF (FEMR) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of issuers in emerging markets. The fund aims for growth of capital FEMR was launched on Nov 19, 2024 and is issued by Fidelity.