Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Short Interest Up 369.8% in February

Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDEGet Free Report) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 155,414 shares, a growth of 369.8% from the January 29th total of 33,083 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 746,389 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 746,389 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Fidelity Enhanced Mid Cap ETF

Several large investors have recently bought and sold shares of the company. CWM LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the second quarter worth $31,000. AE Wealth Management LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF by 632.9% during the third quarter. AE Wealth Management LLC now owns 1,026 shares of the company’s stock worth $37,000 after acquiring an additional 886 shares in the last quarter. Holos Integrated Wealth LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the second quarter valued at about $42,000. Quattro Advisors LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at about $43,000. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of Fidelity Enhanced Mid Cap ETF in the second quarter worth about $44,000.

Fidelity Enhanced Mid Cap ETF Trading Up 0.6%

Shares of FMDE opened at $37.92 on Thursday. The stock has a market cap of $5.20 billion, a P/E ratio of 20.20 and a beta of 1.13. Fidelity Enhanced Mid Cap ETF has a 1 year low of $26.93 and a 1 year high of $38.06. The stock’s 50-day moving average price is $37.23 and its two-hundred day moving average price is $36.34.

Fidelity Enhanced Mid Cap ETF Company Profile

(Get Free Report)

The Fidelity Enhanced Mid Cap ETF (FMDE) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed fund that invests in US, mid-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel Midcap Index. FMDE was launched on Dec 20, 2007 and is issued by Fidelity.

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