Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Shares Shorted: Short Interest Up 269.8% in September

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 191,907 shares, an increase of 269.8% from the September 15th total of 51,899 shares. Based on an average daily trading volume, of 336,688 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Fidelity Enhanced Large Cap Growth ETF

A number of large investors have recently added to or reduced their stakes in FELG. Bay Capital Advisors LLC raised its position in Fidelity Enhanced Large Cap Growth ETF by 1.3% during the first quarter. Bay Capital Advisors LLC now owns 19,360 shares of the company’s stock valued at $726,000 after purchasing an additional 253 shares during the period. Ball & Co Wealth Management Inc. lifted its stake in shares of Fidelity Enhanced Large Cap Growth ETF by 0.9% in the 1st quarter. Ball & Co Wealth Management Inc. now owns 28,844 shares of the company’s stock valued at $1,081,000 after purchasing an additional 264 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 2.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 13,781 shares of the company’s stock worth $603,000 after purchasing an additional 277 shares during the period. Bradley Foster & Sargent Inc. CT boosted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 6.3% in the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 6,493 shares of the company’s stock worth $243,000 after purchasing an additional 382 shares during the period. Finally, CoreCap Advisors LLC boosted its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 15.0% in the 3rd quarter. CoreCap Advisors LLC now owns 3,581 shares of the company’s stock worth $161,000 after purchasing an additional 468 shares during the period.

Fidelity Enhanced Large Cap Growth ETF Trading Up 0.6%

Fidelity Enhanced Large Cap Growth ETF stock traded up $0.29 during mid-day trading on Friday, hitting $45.98. The stock had a trading volume of 211,029 shares, compared to its average volume of 549,241. The firm has a market capitalization of $5.90 billion, a P/E ratio of 32.16 and a beta of 1.23. The firm’s 50 day moving average is $44.56 and its 200 day moving average is $43.09. Fidelity Enhanced Large Cap Growth ETF has a one year low of $35.92 and a one year high of $46.62.

About Fidelity Enhanced Large Cap Growth ETF

The Fidelity Enhanced Large Cap Growth ETF (FELG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in large-cap growth stocks belonging to a broad US equity growth index. The fund aims for capital growth FELG was launched on Apr 19, 2007 and is issued by Fidelity.