Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Short Interest Up 93.3% in July

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 235,872 shares, an increase of 93.3% from the July 15th total of 122,018 shares. Based on an average trading volume of 692,389 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Fidelity Enhanced Large Cap Core ETF Price Performance

Shares of NYSEARCA:FELC traded down $0.02 on Friday, hitting $44.19. 459,908 shares of the company’s stock were exchanged, compared to its average volume of 994,846. Fidelity Enhanced Large Cap Core ETF has a 12 month low of $35.10 and a 12 month high of $44.36. The business’s 50 day simple moving average is $42.29 and its two-hundred day simple moving average is $40.12. The stock has a market capitalization of $8.33 billion, a price-to-earnings ratio of 24.29 and a beta of 1.00.

Institutional Trading of Fidelity Enhanced Large Cap Core ETF

Large investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in Fidelity Enhanced Large Cap Core ETF in the first quarter valued at $25,000. Fifth Third Bancorp purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF during the 4th quarter valued at about $31,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 1,173.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 904 shares of the company’s stock valued at $33,000 after buying an additional 833 shares during the period. Litman Gregory Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $36,000. Finally, Anchor Investment Management LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the fourth quarter worth about $38,000.

About Fidelity Enhanced Large Cap Core ETF

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