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

Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 284,912 shares, a growth of 83.3% from the February 12th total of 155,414 shares. Based on an average trading volume of 691,262 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 691,262 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Fidelity Enhanced Mid Cap ETF

A number of large investors have recently modified their holdings of FMDE. CreativeOne Wealth LLC boosted its stake in Fidelity Enhanced Mid Cap ETF by 2.5% in the second quarter. CreativeOne Wealth LLC now owns 11,734 shares of the company’s stock worth $404,000 after buying an additional 289 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 15.6% during the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock worth $84,000 after acquiring an additional 331 shares in the last quarter. Geneva Partners LLC raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 2.5% during the third quarter. Geneva Partners LLC now owns 15,703 shares of the company’s stock worth $568,000 after acquiring an additional 381 shares in the last quarter. Certified Advisory Corp lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 1.0% in the 3rd quarter. Certified Advisory Corp now owns 38,431 shares of the company’s stock worth $1,389,000 after acquiring an additional 390 shares during the last quarter. Finally, Evergreen Private Wealth LLC lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 1.9% in the 4th quarter. Evergreen Private Wealth LLC now owns 28,986 shares of the company’s stock worth $1,055,000 after acquiring an additional 544 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Down 1.8%

NYSEARCA FMDE opened at $35.88 on Friday. The stock’s 50-day simple moving average is $37.35 and its two-hundred day simple moving average is $36.48. Fidelity Enhanced Mid Cap ETF has a twelve month low of $26.93 and a twelve month high of $38.26. The company has a market capitalization of $4.92 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13.

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.