Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Sees Significant Growth in Short Interest

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMRGet Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 58,800 shares, a growth of 625.9% from the August 31st total of 8,100 shares. Based on an average daily trading volume, of 19,900 shares, the days-to-cover ratio is currently 3.0 days. Based on an average daily trading volume, of 19,900 shares, the days-to-cover ratio is currently 3.0 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. SK Wealth Management LLC bought a new position in Fidelity Enhanced Emerging Markets ETF during the second quarter valued at about $1,145,000. InTrack Investment Management Inc bought a new position in Fidelity Enhanced Emerging Markets ETF during the second quarter valued at about $703,000. Jane Street Group LLC bought a new position in Fidelity Enhanced Emerging Markets ETF during the second quarter valued at about $469,000. Elm3 Financial Group LLC bought a new position in Fidelity Enhanced Emerging Markets ETF during the second quarter valued at about $375,000. Finally, Canvas Wealth Advisors LLC bought a new position in Fidelity Enhanced Emerging Markets ETF during the second quarter valued at about $309,000.

Fidelity Enhanced Emerging Markets ETF Stock Up 0.5%

Shares of FEMR stock opened at $31.45 on Friday. The stock has a 50-day simple moving average of $29.64 and a 200 day simple moving average of $27.71. Fidelity Enhanced Emerging Markets ETF has a fifty-two week low of $22.11 and a fifty-two week high of $32.01. The stock has a market capitalization of $25.16 million and a P/E ratio of 13.14.

About Fidelity Enhanced Emerging Markets ETF

(Get Free Report)

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.

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