Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) Sees Significant Growth in Short Interest

Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 4,040 shares, a growth of 171.9% from the September 15th total of 1,486 shares. Based on an average daily volume of 3,850 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.8% of the shares of the company are short sold.

Fidelity Enhanced US All-Cap Equity ETF Trading Down 0.3%

NYSEARCA:FEAC traded down $0.10 during trading hours on Monday, reaching $33.41. The company had a trading volume of 2,365 shares, compared to its average volume of 7,801. Fidelity Enhanced US All-Cap Equity ETF has a 52 week low of $26.95 and a 52 week high of $34.05. The firm has a market cap of $16.70 million, a price-to-earnings ratio of 22.69 and a beta of 1.00. The firm’s 50 day moving average price is $33.25 and its 200-day moving average price is $31.91.

Hedge Funds Weigh In On Fidelity Enhanced US All-Cap Equity ETF

An institutional investor recently bought a new stake in Fidelity Enhanced US All-Cap Equity ETF stock. Concurrent Investment Advisors LLC purchased a new position in Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 688,161 shares of the company’s stock, valued at approximately $22,257,000. Concurrent Investment Advisors LLC owned about 132.34% of Fidelity Enhanced US All-Cap Equity ETF at the end of the most recent reporting period. 40.83% of the stock is currently owned by institutional investors.

About Fidelity Enhanced US All-Cap Equity ETF

(Get Free Report)

The Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in US equity securities across all market capitalizations. The fund aims for capital growth

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