Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Down 88.0% in December

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 13,422 shares, a decline of 88.0% from the December 15th total of 111,530 shares. Based on an average daily volume of 14,129 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.9% of the shares of the stock are short sold. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily volume of 14,129 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Fidelity Enhanced Emerging Markets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Canvas Wealth Advisors LLC bought a new position in shares of Fidelity Enhanced Emerging Markets ETF in the 2nd quarter valued at about $309,000. Elm3 Financial Group LLC acquired a new stake in Fidelity Enhanced Emerging Markets ETF during the 2nd quarter worth $375,000. Jane Street Group LLC bought a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the 2nd quarter valued at $469,000. InTrack Investment Management Inc acquired a new position in shares of Fidelity Enhanced Emerging Markets ETF in the 2nd quarter valued at $703,000. Finally, MFA Wealth Services acquired a new position in shares of Fidelity Enhanced Emerging Markets ETF in the 3rd quarter valued at $1,099,000.

Fidelity Enhanced Emerging Markets ETF Stock Down 0.3%

NYSEARCA:FEMR traded down $0.09 during mid-day trading on Wednesday, reaching $34.47. 9,452 shares of the company were exchanged, compared to its average volume of 24,517. The stock has a market cap of $51.71 million, a PE ratio of 13.14 and a beta of 1.57. Fidelity Enhanced Emerging Markets ETF has a 12 month low of $22.11 and a 12 month high of $34.72. The company has a fifty day moving average of $32.17 and a 200 day moving average of $30.72.

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.