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

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 80,822 shares, a drop of 92.3% from the May 31st total of 1,052,706 shares. Based on an average trading volume of 1,119,190 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Fidelity Enhanced Large Cap Core ETF Price Performance

FELC stock traded up $0.01 during midday trading on Friday, reaching $41.21. 426,885 shares of the stock were exchanged, compared to its average volume of 1,040,289. Fidelity Enhanced Large Cap Core ETF has a 52 week low of $34.05 and a 52 week high of $42.66. The company has a fifty day moving average price of $41.12 and a 200 day moving average price of $39.06. The stock has a market capitalization of $7.19 billion, a PE ratio of 24.29 and a beta of 1.01.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Core ETF

Several hedge funds have recently added to or reduced their stakes in FELC. Root Financial Partners LLC bought a new position in shares of Fidelity Enhanced Large Cap Core ETF during the first quarter valued at $25,000. Ameriflex Group Inc. raised its position in Fidelity Enhanced Large Cap Core ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 686 shares of the company’s stock worth $26,000 after purchasing an additional 343 shares during the last quarter. Fifth Third Bancorp acquired a new position in Fidelity Enhanced Large Cap Core ETF during the 4th quarter worth about $31,000. Rialto Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Large Cap Core ETF in the 4th quarter valued at about $32,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Fidelity Enhanced Large Cap Core ETF by 1,173.2% in the first quarter. EverSource Wealth Advisors LLC now owns 904 shares of the company’s stock valued at $33,000 after buying an additional 833 shares during the period.

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.