Fidelity Hedged Equity ETF (BATS:FHEQ) Sees Large Increase in Short Interest

Fidelity Hedged Equity ETF (BATS:FHEQ) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 56,516 shares, an increase of 88.9% from the April 15th total of 29,911 shares. Based on an average daily volume of 69,541 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

Fidelity Hedged Equity ETF Stock Down 0.9%

Shares of BATS FHEQ opened at $32.97 on Friday. Fidelity Hedged Equity ETF has a 12 month low of $27.18 and a 12 month high of $33.50. The company has a market cap of $590.16 million, a price-to-earnings ratio of 23.95 and a beta of 0.87. The business has a fifty day simple moving average of $30.86 and a 200-day simple moving average of $30.91.

Fidelity Hedged Equity ETF Company Profile

The Fidelity Hedged Equity ETF (FHEQ) is an exchange-traded fund that trades on the BATS exchange in the United States.