Short Interest in Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Decreases By 38.6%

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 73,042 shares, a drop of 38.6% from the November 30th total of 119,020 shares. Based on an average trading volume of 108,072 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 108,072 shares, the short-interest ratio is currently 0.7 days.

Fidelity Enhanced Large Cap Value ETF Stock Down 0.2%

Shares of NYSEARCA:FELV traded down $0.07 during trading on Monday, reaching $34.94. 128,042 shares of the company traded hands, compared to its average volume of 162,692. The firm has a market capitalization of $2.54 billion, a PE ratio of 18.67 and a beta of 0.86. Fidelity Enhanced Large Cap Value ETF has a 52 week low of $26.48 and a 52 week high of $35.13. The company’s 50 day moving average is $34.15 and its two-hundred day moving average is $33.10.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Value ETF

Large investors have recently bought and sold shares of the company. Founders Financial Alliance LLC acquired a new position in shares of Fidelity Enhanced Large Cap Value ETF in the 3rd quarter valued at approximately $25,000. Bogart Wealth LLC bought a new position in Fidelity Enhanced Large Cap Value ETF in the second quarter valued at approximately $66,000. Farther Finance Advisors LLC increased its stake in Fidelity Enhanced Large Cap Value ETF by 3,650.0% in the second quarter. Farther Finance Advisors LLC now owns 2,625 shares of the company’s stock valued at $83,000 after acquiring an additional 2,555 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Fidelity Enhanced Large Cap Value ETF during the second quarter valued at approximately $141,000. Finally, Key Financial Inc raised its position in Fidelity Enhanced Large Cap Value ETF by 77.7% during the third quarter. Key Financial Inc now owns 5,057 shares of the company’s stock valued at $170,000 after purchasing an additional 2,211 shares in the last quarter.

About Fidelity Enhanced Large Cap Value ETF

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