Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Short Interest Update

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 102,221 shares, a drop of 69.5% from the April 30th total of 335,272 shares. Based on an average daily trading volume, of 597,832 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Core ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FELC. Goldman Sachs Group Inc. acquired a new position in Fidelity Enhanced Large Cap Core ETF during the first quarter worth $72,976,000. SHP Wealth Management acquired a new position in Fidelity Enhanced Large Cap Core ETF during the fourth quarter worth $58,241,000. Jane Street Group LLC boosted its stake in Fidelity Enhanced Large Cap Core ETF by 406.3% during the second quarter. Jane Street Group LLC now owns 1,370,421 shares of the company’s stock worth $47,266,000 after buying an additional 1,099,761 shares during the last quarter. CWM LLC boosted its stake in Fidelity Enhanced Large Cap Core ETF by 332.8% during the fourth quarter. CWM LLC now owns 1,396,617 shares of the company’s stock worth $53,309,000 after buying an additional 1,073,930 shares during the last quarter. Finally, Two Sigma Investments LP acquired a new position in Fidelity Enhanced Large Cap Core ETF during the third quarter worth $35,380,000.

Fidelity Enhanced Large Cap Core ETF Trading Up 0.3%

NYSEARCA FELC traded up $0.11 on Friday, reaching $42.37. 678,200 shares of the company were exchanged, compared to its average volume of 1,058,534. The business’s fifty day moving average price is $39.26 and its 200 day moving average price is $38.50. The stock has a market capitalization of $7.39 billion, a P/E ratio of 24.29 and a beta of 1.00. Fidelity Enhanced Large Cap Core ETF has a fifty-two week low of $32.55 and a fifty-two week high of $42.48.

About Fidelity Enhanced Large Cap Core ETF

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.