Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) Short Interest Update

Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,425 shares, a decline of 35.3% from the July 30th total of 2,201 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,344 shares, the short-interest ratio is presently 0.3 days.

Fidelity Enhanced US All-Cap Equity ETF Price Performance

Fidelity Enhanced US All-Cap Equity ETF stock traded down $0.24 during mid-day trading on Tuesday, reaching $33.06. 3,270 shares of the company were exchanged, compared to its average volume of 8,623. The company has a fifty day simple moving average of $32.76 and a 200-day simple moving average of $31.06. Fidelity Enhanced US All-Cap Equity ETF has a 12 month low of $26.95 and a 12 month high of $34.05. The firm has a market cap of $17.19 million, a PE ratio of 22.69 and a beta of 0.99.

Institutional Trading of Fidelity Enhanced US All-Cap Equity ETF

A hedge fund recently bought a new stake in Fidelity Enhanced US All-Cap Equity ETF stock. Concurrent Investment Advisors LLC purchased a new position in Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 688,161 shares of the company’s stock, valued at approximately $22,257,000. Concurrent Investment Advisors LLC owned 132.34% of Fidelity Enhanced US All-Cap Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 40.83% of the company’s stock.

Fidelity Enhanced US All-Cap Equity ETF Company Profile

The Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in US equity securities across all market capitalizations. The fund aims for capital growth