Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR – Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 26,869 shares, an increase of 112.0% from the April 30th total of 12,672 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average trading volume of 40,793 shares, the short-interest ratio is presently 0.7 days.
Fidelity Enhanced Emerging Markets ETF Price Performance
Shares of NYSEARCA FEMR opened at $42.48 on Monday. Fidelity Enhanced Emerging Markets ETF has a 1-year low of $26.75 and a 1-year high of $42.70. The business’s fifty day moving average price is $37.96 and its two-hundred day moving average price is $35.47. The firm has a market capitalization of $127.44 million, a PE ratio of 13.14 and a beta of 0.97.
Institutional Investors Weigh In On Fidelity Enhanced Emerging Markets ETF
Large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in Fidelity Enhanced Emerging Markets ETF in the second quarter worth $469,000. Founders Financial Securities LLC acquired a new stake in Fidelity Enhanced Emerging Markets ETF in the first quarter worth $969,000. Canvas Wealth Advisors LLC increased its position in Fidelity Enhanced Emerging Markets ETF by 176.3% in the third quarter. Canvas Wealth Advisors LLC now owns 29,816 shares of the company’s stock worth $941,000 after buying an additional 19,023 shares during the period. MFA Wealth Services acquired a new stake in Fidelity Enhanced Emerging Markets ETF in the third quarter worth $1,099,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in Fidelity Enhanced Emerging Markets ETF in the fourth quarter worth $1,681,000.
Fidelity Enhanced Emerging Markets ETF Company Profile
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.
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