Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Short Interest Update

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 754,499 shares, a growth of 663.9% from the August 31st total of 98,767 shares. Based on an average trading volume of 243,544 shares, the short-interest ratio is presently 3.1 days. Approximately 0.9% of the shares of the stock are sold short.

Fidelity Enhanced Large Cap Value ETF Price Performance

Shares of FELV traded up $0.17 during trading hours on Friday, hitting $41.94. 164,504 shares of the company were exchanged, compared to its average volume of 197,379. The company has a market capitalization of $3.39 billion, a PE ratio of 18.67 and a beta of 0.76. The firm has a fifty day simple moving average of $42.36 and a 200-day simple moving average of $39.54. Fidelity Enhanced Large Cap Value ETF has a one year low of $32.73 and a one year high of $43.26.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Value ETF

Institutional investors have recently bought and sold shares of the stock. SHP Wealth Management acquired a new stake in Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth about $53,000. CoreCap Advisors LLC increased its position in shares of Fidelity Enhanced Large Cap Value ETF by 27.6% in the second quarter. CoreCap Advisors LLC now owns 4,581 shares of the company’s stock worth $184,000 after acquiring an additional 992 shares in the last quarter. Breakwater Capital Group purchased a new position in shares of Fidelity Enhanced Large Cap Value ETF in the second quarter worth approximately $219,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the second quarter valued at approximately $226,000. Finally, Clark Asset Management LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 1st quarter valued at approximately $215,000.

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.