Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Stock Short Interest Rises 92.7%

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 17,441 shares, a growth of 92.7% from the September 15th total of 9,051 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 41,160 shares, the short-interest ratio is currently 0.4 days.

Fidelity Enhanced Emerging Markets ETF Price Performance

NYSEARCA FEMR traded down $0.69 during trading on Friday, hitting $38.51. 26,225 shares of the company’s stock traded hands, compared to its average volume of 42,378. The stock has a fifty day moving average of $41.21 and a two-hundred day moving average of $40.37. Fidelity Enhanced Emerging Markets ETF has a 12-month low of $30.36 and a 12-month high of $44.41. The firm has a market cap of $192.55 million, a P/E ratio of 13.14 and a beta of 1.05.

Hedge Funds Weigh In On Fidelity Enhanced Emerging Markets ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. MFA Wealth Services increased its holdings in Fidelity Enhanced Emerging Markets ETF by 5.1% during the 3rd quarter. MFA Wealth Services now owns 34,471 shares of the company’s stock valued at $1,419,000 after purchasing an additional 1,659 shares during the period. Integrated Wealth Concepts LLC purchased a new position in Fidelity Enhanced Emerging Markets ETF during the second quarter valued at $1,901,000. Citadel Advisors LLC raised its stake in Fidelity Enhanced Emerging Markets ETF by 16.9% during the second quarter. Citadel Advisors LLC now owns 88,456 shares of the company’s stock valued at $3,766,000 after buying an additional 12,763 shares during the last quarter. InTrack Investment Management Inc boosted its holdings in Fidelity Enhanced Emerging Markets ETF by 23.2% in the second quarter. InTrack Investment Management Inc now owns 101,235 shares of the company’s stock worth $4,311,000 after acquiring an additional 19,079 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Fidelity Enhanced Emerging Markets ETF by 52.7% during the first quarter. EverSource Wealth Advisors LLC now owns 78,884 shares of the company’s stock valued at $2,694,000 after acquiring an additional 27,230 shares in the last quarter.

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.