Short Interest in Fidelity Hedged Equity ETF (BATS:FHEQ) Declines By 48.6%

Fidelity Hedged Equity ETF (BATS:FHEQ) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 52,796 shares, a decrease of 48.6% from the July 15th total of 102,700 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 89,087 shares, the short-interest ratio is presently 0.6 days.

Fidelity Hedged Equity ETF Price Performance

Shares of FHEQ opened at $34.55 on Monday. The stock has a market capitalization of $618.45 million, a PE ratio of 23.95 and a beta of 0.87. The business’s fifty day moving average price is $33.32 and its 200 day moving average price is $31.99. Fidelity Hedged Equity ETF has a 12-month low of $28.84 and a 12-month high of $34.59.

About Fidelity Hedged Equity ETF

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