Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Short Interest Down 45.9% in October

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 81,300 shares, a decline of 45.9% from the September 30th total of 150,400 shares. Based on an average daily trading volume, of 129,800 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 129,800 shares, the short-interest ratio is presently 0.6 days.

Fidelity Enhanced Large Cap Value ETF Price Performance

FELV opened at $33.54 on Friday. Fidelity Enhanced Large Cap Value ETF has a fifty-two week low of $26.48 and a fifty-two week high of $34.13. The firm’s fifty day moving average price is $33.37 and its two-hundred day moving average price is $31.90. The company has a market capitalization of $2.44 billion, a P/E ratio of 18.67 and a beta of 0.86.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Value ETF

Large investors have recently made changes to their positions in the company. Bogart Wealth LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 2nd quarter worth about $66,000. Farther Finance Advisors LLC grew its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 3,650.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,625 shares of the company’s stock worth $83,000 after purchasing an additional 2,555 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 2nd quarter worth about $141,000. Valeo Financial Advisors LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 2nd quarter worth about $207,000. Finally, Cerity Partners LLC bought a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 2nd quarter worth about $213,000.

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.