Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Down 84.8% in January

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 2,042 shares, a drop of 84.8% from the December 31st total of 13,422 shares. Based on an average trading volume of 24,769 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 24,769 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity Enhanced Emerging Markets ETF Stock Performance

FEMR stock traded down $0.28 during midday trading on Thursday, hitting $36.57. 132,396 shares of the company’s stock were exchanged, compared to its average volume of 42,384. Fidelity Enhanced Emerging Markets ETF has a one year low of $22.11 and a one year high of $38.02. The company has a market cap of $65.83 million, a PE ratio of 13.14 and a beta of 1.57. The stock’s fifty day moving average price is $33.01 and its 200-day moving average price is $31.26.

Institutional Trading of Fidelity Enhanced Emerging Markets ETF

Several hedge funds have recently bought and sold shares of the stock. Canvas Wealth Advisors LLC acquired a new position in shares of Fidelity Enhanced Emerging Markets ETF in the second quarter valued at approximately $309,000. Elm3 Financial Group LLC acquired a new position in Fidelity Enhanced Emerging Markets ETF in the 2nd quarter worth $375,000. Jane Street Group LLC bought a new position in Fidelity Enhanced Emerging Markets ETF during the 2nd quarter worth about $469,000. InTrack Investment Management Inc acquired a new stake in shares of Fidelity Enhanced Emerging Markets ETF in the 2nd quarter valued at about $703,000. Finally, MFA Wealth Services bought a new stake in shares of Fidelity Enhanced Emerging Markets ETF in the third quarter valued at about $1,099,000.

About Fidelity Enhanced Emerging Markets ETF

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.