Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Shares Shorted: Short Interest Down 68.1% in September

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 51,899 shares, a drop of 68.1% from the August 31st total of 162,474 shares. Based on an average daily volume of 314,981 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Fidelity Enhanced Large Cap Growth ETF Trading Up 0.6%

NYSEARCA FELG traded up $0.26 on Friday, reaching $45.38. The company’s stock had a trading volume of 188,540 shares, compared to its average volume of 554,421. The firm has a market cap of $5.81 billion, a PE ratio of 32.16 and a beta of 1.24. The business has a 50-day moving average price of $43.90 and a 200 day moving average price of $42.63. Fidelity Enhanced Large Cap Growth ETF has a 52 week low of $35.92 and a 52 week high of $45.63.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Sequoia Financial Advisors LLC lifted its position in shares of Fidelity Enhanced Large Cap Growth ETF by 2.1% during the second quarter. Sequoia Financial Advisors LLC now owns 13,781 shares of the company’s stock worth $603,000 after purchasing an additional 277 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Fidelity Enhanced Large Cap Growth ETF by 7.9% in the second quarter. NewEdge Advisors LLC now owns 75,944 shares of the company’s stock valued at $3,323,000 after purchasing an additional 5,553 shares in the last quarter. Citadel Advisors LLC bought a new position in Fidelity Enhanced Large Cap Growth ETF in the 2nd quarter worth approximately $3,659,000. Corient Private Wealth LP raised its position in Fidelity Enhanced Large Cap Growth ETF by 10.4% in the 2nd quarter. Corient Private Wealth LP now owns 6,400 shares of the company’s stock worth $280,000 after purchasing an additional 604 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in Fidelity Enhanced Large Cap Growth ETF during the 2nd quarter worth $233,000.

About Fidelity Enhanced Large Cap Growth ETF

The Fidelity Enhanced Large Cap Growth ETF (FELG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in large-cap growth stocks belonging to a broad US equity growth index. The fund aims for capital growth FELG was launched on Apr 19, 2007 and is issued by Fidelity.