Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Sees Large Decrease in Short Interest

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 7,764 shares, a decline of 87.3% from the May 31st total of 61,029 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 45,593 shares, the short-interest ratio is currently 0.2 days.

Fidelity Enhanced Emerging Markets ETF Stock Down 1.0%

Shares of FEMR traded down $0.41 during trading hours on Friday, hitting $41.76. The company had a trading volume of 37,947 shares, compared to its average volume of 42,403. Fidelity Enhanced Emerging Markets ETF has a 52-week low of $27.92 and a 52-week high of $44.41. The stock’s 50 day moving average price is $40.85 and its 200 day moving average price is $36.92. The firm has a market cap of $125.28 million, a P/E ratio of 13.14 and a beta of 1.01.

Institutional Trading of Fidelity Enhanced Emerging Markets ETF

Large investors have recently added to or reduced their stakes in the stock. FWG Holdings LLC purchased a new stake in Fidelity Enhanced Emerging Markets ETF in the fourth quarter worth about $2,657,000. MFA Wealth Services purchased a new stake in Fidelity Enhanced Emerging Markets ETF in the third quarter worth about $1,099,000. EverSource Wealth Advisors LLC bought a new position in shares of Fidelity Enhanced Emerging Markets ETF during the fourth quarter valued at approximately $1,681,000. SK Wealth Management LLC boosted its position in shares of Fidelity Enhanced Emerging Markets ETF by 74.4% in the 4th 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 in the last quarter. Finally, Founders Financial Securities LLC purchased a new stake in shares of Fidelity Enhanced Emerging Markets ETF in the 1st quarter worth approximately $969,000.

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.