Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Up 93.4% in March

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 12,134 shares, an increase of 93.4% from the March 15th total of 6,273 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 24,388 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Fidelity Enhanced Emerging Markets ETF

Several hedge funds have recently added to or reduced their stakes in FEMR. Jane Street Group LLC bought a new stake in Fidelity Enhanced Emerging Markets ETF in the second quarter worth $469,000. SK Wealth Management LLC increased its stake in Fidelity Enhanced Emerging Markets ETF by 173.2% during the 3rd quarter. SK Wealth Management LLC now owns 110,938 shares of the company’s stock valued at $3,483,000 after purchasing an additional 70,331 shares in the last quarter. Elm3 Financial Group LLC increased its stake in Fidelity Enhanced Emerging Markets ETF by 34.5% during the 3rd quarter. Elm3 Financial Group LLC now owns 17,810 shares of the company’s stock valued at $553,000 after purchasing an additional 4,567 shares in the last quarter. InTrack Investment Management Inc increased its stake in Fidelity Enhanced Emerging Markets ETF by 63.0% during the 3rd quarter. InTrack Investment Management Inc now owns 40,507 shares of the company’s stock valued at $1,258,000 after purchasing an additional 15,652 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Fidelity Enhanced Emerging Markets ETF by 480.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 678,912 shares of the company’s stock valued at $21,083,000 after purchasing an additional 562,037 shares in the last quarter.

Fidelity Enhanced Emerging Markets ETF Stock Performance

Shares of NYSEARCA:FEMR opened at $36.63 on Monday. The stock has a fifty day simple moving average of $35.71 and a two-hundred day simple moving average of $33.58. The stock has a market capitalization of $106.23 million, a price-to-earnings ratio of 13.14 and a beta of 0.85. Fidelity Enhanced Emerging Markets ETF has a 12-month low of $23.98 and a 12-month high of $38.54.

Fidelity Enhanced Emerging Markets ETF Company Profile

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.