FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) Sees Significant Increase in Short Interest

FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 5 shares, a growth of ∞ from the May 31st total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,906 shares, the short-interest ratio is presently 0.0 days.

FMC Excelsior Focus Equity ETF Stock Down 0.2%

Shares of NYSEARCA FMCX traded down $0.06 during midday trading on Wednesday, hitting $37.22. The stock had a trading volume of 773 shares, compared to its average volume of 1,115. The business’s 50 day moving average is $36.39 and its 200-day moving average is $34.86. The company has a market cap of $118.73 million, a P/E ratio of 29.12 and a beta of 0.98. FMC Excelsior Focus Equity ETF has a 52 week low of $31.29 and a 52 week high of $37.44.

About FMC Excelsior Focus Equity ETF

The FMC Excelsior Focus Equity ETF (FMCX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US-listed companies, selected using a research-intensive, bottom-up fundamental approach. The fund utilizes the Precidian non-transparent model. FMCX was launched on Apr 25, 2022 and is managed by First Manhattan.