Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) Stock Short Interest Jumps 171.9%

Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 4,040 shares, a growth of 171.9% from the September 15th total of 1,486 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 3,850 shares, the short-interest ratio is presently 1.0 days.

Fidelity Enhanced US All-Cap Equity ETF Stock Performance

NYSEARCA FEAC traded down $0.32 during mid-day trading on Wednesday, reaching $33.09. 515 shares of the stock were exchanged, compared to its average volume of 7,766. Fidelity Enhanced US All-Cap Equity ETF has a 1-year low of $26.95 and a 1-year high of $34.05. The business’s fifty day simple moving average is $33.26 and its 200 day simple moving average is $31.98. The stock has a market capitalization of $16.54 million, a PE ratio of 22.69 and a beta of 1.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Fidelity Enhanced US All-Cap Equity ETF stock. Concurrent Investment Advisors LLC acquired a new position in shares of Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 688,161 shares of the company’s stock, valued at approximately $22,257,000. Concurrent Investment Advisors LLC owned about 132.34% of Fidelity Enhanced US All-Cap Equity ETF as of its most recent SEC filing. 40.83% of the stock is currently owned by institutional investors.

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