Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Up 127.1% in May

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 61,029 shares, an increase of 127.1% from the May 14th total of 26,869 shares. Based on an average trading volume of 40,913 shares, the short-interest ratio is presently 1.5 days. Approximately 2.0% of the company’s shares are short sold.

Fidelity Enhanced Emerging Markets ETF Price Performance

FEMR stock traded up $0.17 during trading on Friday, reaching $41.85. 57,785 shares of the stock traded hands, compared to its average volume of 41,673. The business’s 50 day moving average price is $39.56 and its 200-day moving average price is $36.21. Fidelity Enhanced Emerging Markets ETF has a 52-week low of $27.18 and a 52-week high of $44.00. The firm has a market capitalization of $125.55 million, a PE ratio of 13.14 and a beta of 1.01.

Institutional Investors Weigh In On Fidelity Enhanced Emerging Markets ETF

Institutional investors have recently added to or reduced their stakes in the company. FWG Holdings LLC purchased a new stake in Fidelity Enhanced Emerging Markets ETF during the fourth quarter valued at about $2,657,000. MFA Wealth Services purchased a new stake in shares of Fidelity Enhanced Emerging Markets ETF in the third quarter worth about $1,099,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Fidelity Enhanced Emerging Markets ETF in the fourth quarter worth about $1,681,000. SK Wealth Management LLC boosted its position in shares of Fidelity Enhanced Emerging Markets ETF by 74.4% in the fourth quarter. SK Wealth Management LLC now owns 193,486 shares of the company’s stock worth $6,296,000 after buying an additional 82,548 shares during the period. Finally, InTrack Investment Management Inc boosted its position in shares of Fidelity Enhanced Emerging Markets ETF by 40.6% in the fourth quarter. InTrack Investment Management Inc now owns 56,953 shares of the company’s stock worth $1,853,000 after buying an additional 16,446 shares during the period.

About Fidelity Enhanced Emerging Markets ETF

The Fidelity Enhanced Emerging Markets ETF (FEMR) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of issuers in emerging markets. The fund aims for growth of capital FEMR was launched on Nov 19, 2024 and is issued by Fidelity.