Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Short Interest Update

Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 460,186 shares, an increase of 92.9% from the June 15th total of 238,517 shares. Approximately 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 199,032 shares, the days-to-cover ratio is currently 2.3 days.

Fidelity Fundamental Small-Mid Cap ETF Stock Up 0.1%

BATS FFSM opened at $36.81 on Thursday. Fidelity Fundamental Small-Mid Cap ETF has a fifty-two week low of $26.83 and a fifty-two week high of $38.42. The stock has a market cap of $938.65 million, a price-to-earnings ratio of 16.79 and a beta of 1.09. The business has a fifty day moving average of $36.53 and a 200-day moving average of $34.31.

Institutional Trading of Fidelity Fundamental Small-Mid Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FFSM. Elyxium Wealth LLC purchased a new position in Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter valued at about $31,000. AdvisorNet Financial Inc grew its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 1,185.9% during the first quarter. AdvisorNet Financial Inc now owns 1,736 shares of the company’s stock worth $55,000 after buying an additional 1,601 shares in the last quarter. Geneos Wealth Management Inc. purchased a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the second quarter worth about $101,000. Fifth Third Bancorp acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF in the first quarter valued at approximately $218,000. Finally, Farther Finance Advisors LLC raised its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 10,088.7% in the fourth quarter. Farther Finance Advisors LLC now owns 7,234 shares of the company’s stock valued at $222,000 after buying an additional 7,163 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Company Profile

The Fidelity Fundamental Small-Mid Cap ETF (FFSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed, non-transparent ETF that invests in global stocks with small to medium capitalization. The fund utilizes the Fidelity non-transparent model. FFSM was launched on Feb 2, 2021 and is issued by Fidelity.