Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Short Interest Update

Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 155,414 shares, a growth of 369.8% from the January 29th total of 33,083 shares. Based on an average trading volume of 746,389 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 746,389 shares, the short-interest ratio is currently 0.2 days.

Fidelity Enhanced Mid Cap ETF Stock Performance

NYSEARCA:FMDE opened at $38.06 on Friday. The business’s fifty day moving average is $37.30 and its 200 day moving average is $36.38. The firm has a market cap of $5.22 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13. Fidelity Enhanced Mid Cap ETF has a 52-week low of $26.93 and a 52-week high of $38.26.

Institutional Trading of Fidelity Enhanced Mid Cap ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of FMDE. TrueWealth Advisors LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at about $3,843,000. Adamsbrown Wealth Consultants LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the third quarter worth approximately $18,243,000. Essex Financial Services Inc. purchased a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter valued at approximately $632,000. Commonwealth Equity Services LLC raised its stake in Fidelity Enhanced Mid Cap ETF by 10.1% in the third quarter. Commonwealth Equity Services LLC now owns 1,396,195 shares of the company’s stock valued at $50,472,000 after purchasing an additional 128,527 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in Fidelity Enhanced Mid Cap ETF during the second quarter valued at approximately $548,000.

Fidelity Enhanced Mid Cap ETF Company Profile

The Fidelity Enhanced Mid Cap ETF (FMDE) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed fund that invests in US, mid-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel Midcap Index. FMDE was launched on Dec 20, 2007 and is issued by Fidelity.