Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Sees Significant Decrease in Short Interest

Fidelity Yield Enhanced Equity ETF (BATS:FYEE) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 45,469 shares, a decrease of 35.6% from the June 15th total of 70,647 shares. Based on an average trading volume of 80,940 shares, the days-to-cover ratio is presently 0.6 days. Approximately 9.1% of the company’s shares are short sold.

Institutional Trading of Fidelity Yield Enhanced Equity ETF

Hedge funds have recently bought and sold shares of the stock. Commonwealth Equity Services LLC lifted its stake in Fidelity Yield Enhanced Equity ETF by 687.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 430,111 shares of the company’s stock valued at $12,336,000 after buying an additional 375,458 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of Fidelity Yield Enhanced Equity ETF during the fourth quarter worth $6,721,000. Sentinel Advisory Group LLC acquired a new stake in shares of Fidelity Yield Enhanced Equity ETF during the first quarter worth $5,001,000. Bleakley Financial Group LLC bought a new stake in Fidelity Yield Enhanced Equity ETF in the 4th quarter valued at $5,128,000. Finally, TBH Global Asset Management LLC lifted its position in Fidelity Yield Enhanced Equity ETF by 192.4% in the 4th quarter. TBH Global Asset Management LLC now owns 220,339 shares of the company’s stock valued at $6,319,000 after acquiring an additional 144,990 shares in the last quarter.

Fidelity Yield Enhanced Equity ETF Price Performance

BATS:FYEE opened at $29.40 on Friday. Fidelity Yield Enhanced Equity ETF has a fifty-two week low of $26.28 and a fifty-two week high of $30.14. The stock has a market capitalization of $14.70 million, a PE ratio of 24.14 and a beta of 1.00. The business’s 50-day simple moving average is $29.24 and its 200-day simple moving average is $28.79.

Fidelity Yield Enhanced Equity ETF Company Profile

The Fidelity Yield Enhanced Equity ETF (FYEE) is an exchange-traded fund that trades on the BATS exchange in the United States.