FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) Short Interest Down 43.4% in December

FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 398 shares, a drop of 43.4% from the December 15th total of 703 shares. Based on an average daily trading volume, of 318 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 318 shares, the days-to-cover ratio is presently 1.3 days.

FMC Excelsior Focus Equity ETF Price Performance

FMCX traded up $0.12 during trading on Friday, hitting $35.50. The company had a trading volume of 25 shares, compared to its average volume of 257. FMC Excelsior Focus Equity ETF has a 1-year low of $26.86 and a 1-year high of $36.17. The company has a market cap of $113.96 million, a PE ratio of 29.12 and a beta of 0.97. The business has a 50-day moving average of $34.69 and a 200-day moving average of $34.44.

FMC Excelsior Focus Equity ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 22nd. Investors of record on Tuesday, December 16th were issued a $0.0776 dividend. This represents a yield of 45.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

FMC Excelsior Focus Equity ETF Company Profile

The FMC Excelsior Focus Equity ETF (FMCX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US-listed companies, selected using a research-intensive, bottom-up fundamental approach. The fund utilizes the Precidian non-transparent model. FMCX was launched on Apr 25, 2022 and is managed by First Manhattan.