Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Short Interest Up 1,169.4% in February

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 103,351 shares, an increase of 1,169.4% from the January 29th total of 8,142 shares. Based on an average trading volume of 183,042 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 183,042 shares, the short-interest ratio is currently 0.6 days.

Fidelity Enhanced Large Cap Value ETF Price Performance

NYSEARCA:FELV traded up $0.18 during mid-day trading on Wednesday, reaching $36.79. The stock had a trading volume of 229,157 shares, compared to its average volume of 215,239. The stock has a 50-day simple moving average of $35.77 and a two-hundred day simple moving average of $34.32. The stock has a market capitalization of $2.76 billion, a PE ratio of 18.67 and a beta of 0.86. Fidelity Enhanced Large Cap Value ETF has a 12 month low of $26.48 and a 12 month high of $36.95.

Institutional Trading of Fidelity Enhanced Large Cap Value ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC raised its position in shares of Fidelity Enhanced Large Cap Value ETF by 0.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,814,387 shares of the company’s stock worth $62,887,000 after acquiring an additional 9,849 shares during the last quarter. Independence Financial Advisors LLC boosted its position in Fidelity Enhanced Large Cap Value ETF by 3.6% during the fourth quarter. Independence Financial Advisors LLC now owns 949,124 shares of the company’s stock valued at $32,897,000 after acquiring an additional 32,828 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Fidelity Enhanced Large Cap Value ETF by 25.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 842,672 shares of the company’s stock worth $26,772,000 after acquiring an additional 173,460 shares during the period. Sowa Financial Group Inc. grew its holdings in Fidelity Enhanced Large Cap Value ETF by 3.5% during the 4th quarter. Sowa Financial Group Inc. now owns 648,068 shares of the company’s stock worth $22,462,000 after acquiring an additional 21,757 shares during the period. Finally, LPL Financial LLC raised its position in shares of Fidelity Enhanced Large Cap Value ETF by 33.3% in the 4th quarter. LPL Financial LLC now owns 582,791 shares of the company’s stock worth $20,200,000 after acquiring an additional 145,721 shares in the last quarter.

About Fidelity Enhanced Large Cap Value ETF

The Fidelity Enhanced Large Cap Value ETF (FELV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in large-cap value stocks belonging to a broad US equity value index. The fund aims for growth of capital FELV was launched on Apr 19, 2007 and is issued by Fidelity.