Short Interest in Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) Drops By 72.5%

Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 7,077 shares, a decline of 72.5% from the May 31st total of 25,722 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average daily volume of 21,774 shares, the days-to-cover ratio is presently 0.3 days.

Fidelity Enhanced US All-Cap Equity ETF Price Performance

FEAC traded up $0.37 on Monday, hitting $32.06. 7,633 shares of the stock were exchanged, compared to its average volume of 7,452. The firm has a market capitalization of $12.18 million, a price-to-earnings ratio of 22.69 and a beta of 1.00. Fidelity Enhanced US All-Cap Equity ETF has a 12 month low of $26.02 and a 12 month high of $32.82. The business has a 50-day moving average of $31.58 and a two-hundred day moving average of $29.92.

Fidelity Enhanced US All-Cap Equity ETF Company Profile

The Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in US equity securities across all market capitalizations. The fund aims for capital growth