Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Down 87.3% in June

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 7,764 shares, a drop of 87.3% from the May 31st total of 61,029 shares. Based on an average daily volume of 45,593 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are sold short.

Fidelity Enhanced Emerging Markets ETF Price Performance

NYSEARCA FEMR traded down $0.46 during trading on Friday, reaching $41.71. 82,248 shares of the company’s stock were exchanged, compared to its average volume of 42,927. The business has a 50 day moving average price of $40.93 and a 200-day moving average price of $36.96. The stock has a market capitalization of $125.13 million, a P/E ratio of 13.14 and a beta of 1.01. Fidelity Enhanced Emerging Markets ETF has a fifty-two week low of $27.92 and a fifty-two week high of $44.41.

Institutional Investors Weigh In On Fidelity Enhanced Emerging Markets ETF

Large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the 2nd quarter worth about $469,000. MFA Wealth Services acquired a new stake in Fidelity Enhanced Emerging Markets ETF during the 3rd quarter worth approximately $1,099,000. InTrack Investment Management Inc lifted its holdings in Fidelity Enhanced Emerging Markets ETF by 40.6% during the 4th quarter. InTrack Investment Management Inc now owns 56,953 shares of the company’s stock worth $1,853,000 after purchasing an additional 16,446 shares during the last quarter. SK Wealth Management LLC boosted its stake in Fidelity Enhanced Emerging Markets ETF by 74.4% in the 4th quarter. SK Wealth Management LLC now owns 193,486 shares of the company’s stock valued at $6,296,000 after purchasing an additional 82,548 shares during the period. Finally, FWG Holdings LLC acquired a new position in Fidelity Enhanced Emerging Markets ETF in the 4th quarter valued at $2,657,000.

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.