Short Interest in Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Expands By 101.4%

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 14,678 shares, a growth of 101.4% from the June 30th total of 7,288 shares. Based on an average daily volume of 62,540 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are short sold.

Fidelity Enhanced Emerging Markets ETF Price Performance

FEMR stock opened at $38.28 on Wednesday. Fidelity Enhanced Emerging Markets ETF has a 12 month low of $27.92 and a 12 month high of $44.41. The firm has a market cap of $160.78 million, a PE ratio of 13.14 and a beta of 1.01. The firm has a 50 day simple moving average of $41.35 and a 200 day simple moving average of $38.24.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. FWG Holdings LLC acquired a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the 4th quarter valued at $2,657,000. SK Wealth Management LLC raised its position in shares of Fidelity Enhanced Emerging Markets ETF by 74.4% during the fourth quarter. SK Wealth Management LLC now owns 193,486 shares of the company’s stock worth $6,296,000 after purchasing an additional 82,548 shares during the period. EverSource Wealth Advisors LLC acquired a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the fourth quarter worth $1,681,000. Founders Financial Securities LLC purchased a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the first quarter valued at $969,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of Fidelity Enhanced Emerging Markets ETF by 11.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 758,172 shares of the company’s stock valued at $24,671,000 after purchasing an additional 79,260 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.