Short Interest in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Drops By 92.3%

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 80,822 shares, a decline of 92.3% from the May 31st total of 1,052,706 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,119,190 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity Enhanced Large Cap Core ETF Price Performance

Fidelity Enhanced Large Cap Core ETF stock traded down $0.04 during trading hours on Thursday, hitting $41.20. The stock had a trading volume of 820,355 shares, compared to its average volume of 1,045,470. The stock has a market capitalization of $7.19 billion, a price-to-earnings ratio of 24.29 and a beta of 1.01. Fidelity Enhanced Large Cap Core ETF has a 1-year low of $33.89 and a 1-year high of $42.66. The stock’s fifty day moving average is $41.12 and its two-hundred day moving average is $39.06.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Core ETF

Hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. purchased a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the first quarter valued at about $72,976,000. SHP Wealth Management purchased a new position in shares of Fidelity Enhanced Large Cap Core ETF during the 4th quarter worth approximately $58,241,000. Jane Street Group LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 406.3% during the 2nd quarter. Jane Street Group LLC now owns 1,370,421 shares of the company’s stock worth $47,266,000 after purchasing an additional 1,099,761 shares in the last quarter. CWM LLC raised its position in shares of Fidelity Enhanced Large Cap Core ETF by 332.8% during the 4th quarter. CWM LLC now owns 1,396,617 shares of the company’s stock worth $53,309,000 after purchasing an additional 1,073,930 shares during the last quarter. Finally, Two Sigma Investments LP acquired a new position in shares of Fidelity Enhanced Large Cap Core ETF during the 3rd quarter worth approximately $35,380,000.

Fidelity Enhanced Large Cap Core ETF Company Profile

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.