Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Down 88.0% in December

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 13,422 shares, a drop of 88.0% from the December 15th total of 111,530 shares. Based on an average trading volume of 14,129 shares, the short-interest ratio is presently 0.9 days. Currently, 0.9% of the shares of the company are short sold. Currently, 0.9% of the shares of the company are short sold. Based on an average trading volume of 14,129 shares, the short-interest ratio is presently 0.9 days.

Fidelity Enhanced Emerging Markets ETF Stock Performance

Shares of FEMR traded up $0.48 during mid-day trading on Monday, reaching $34.61. The stock had a trading volume of 65,953 shares, compared to its average volume of 25,065. The business has a fifty day moving average of $32.07 and a 200 day moving average of $30.65. The firm has a market cap of $51.92 million, a price-to-earnings ratio of 13.14 and a beta of 1.57. Fidelity Enhanced Emerging Markets ETF has a 12 month low of $22.11 and a 12 month high of $34.72.

Institutional Investors Weigh In On Fidelity Enhanced Emerging Markets ETF

A number of institutional investors have recently bought and sold shares of the business. Canvas Wealth Advisors LLC bought a new stake in Fidelity Enhanced Emerging Markets ETF during the second quarter valued at about $309,000. Elm3 Financial Group LLC bought a new stake in Fidelity Enhanced Emerging Markets ETF during the 2nd quarter valued at approximately $375,000. Jane Street Group LLC bought a new stake in Fidelity Enhanced Emerging Markets ETF during the 2nd quarter valued at approximately $469,000. InTrack Investment Management Inc purchased a new position in Fidelity Enhanced Emerging Markets ETF in the 2nd quarter worth approximately $703,000. Finally, MFA Wealth Services bought a new position in Fidelity Enhanced Emerging Markets ETF in the 3rd quarter worth approximately $1,099,000.

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.