Fidelity Hedged Equity ETF (BATS:FHEQ) Short Interest Down 51.9% in June

Fidelity Hedged Equity ETF (BATS:FHEQ) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 41,738 shares, a drop of 51.9% from the June 15th total of 86,713 shares. Based on an average daily trading volume, of 52,406 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the shares of the company are sold short.

Fidelity Hedged Equity ETF Stock Up 0.5%

Shares of FHEQ opened at $33.59 on Thursday. The stock’s 50-day moving average price is $33.08 and its 200 day moving average price is $31.58. The firm has a market capitalization of $601.26 million, a price-to-earnings ratio of 23.95 and a beta of 0.87. Fidelity Hedged Equity ETF has a 12-month low of $28.63 and a 12-month high of $33.77.

Fidelity Hedged Equity ETF Company Profile

The Fidelity Hedged Equity ETF (FHEQ) is an exchange-traded fund that trades on the BATS exchange in the United States.