Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Update

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 6,273 shares, a decrease of 30.3% from the February 26th total of 8,998 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 69,795 shares, the short-interest ratio is currently 0.1 days.

Fidelity Enhanced Emerging Markets ETF Stock Performance

Shares of FEMR traded down $0.16 during trading hours on Friday, hitting $33.19. The stock had a trading volume of 22,339 shares, compared to its average volume of 44,411. Fidelity Enhanced Emerging Markets ETF has a 12-month low of $22.11 and a 12-month high of $38.54. The firm has a market cap of $73.02 million, a P/E ratio of 13.14 and a beta of 1.57. The company’s fifty day simple moving average is $35.88 and its 200 day simple moving average is $33.30.

Hedge Funds Weigh In On Fidelity Enhanced Emerging Markets ETF

A number of large investors have recently modified their holdings of the company. Jane Street Group LLC purchased a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the 2nd quarter worth about $469,000. Elm3 Financial Group LLC raised its holdings in Fidelity Enhanced Emerging Markets ETF by 34.5% in the third quarter. Elm3 Financial Group LLC now owns 17,810 shares of the company’s stock valued at $553,000 after buying an additional 4,567 shares during the period. Canvas Wealth Advisors LLC raised its holdings in Fidelity Enhanced Emerging Markets ETF by 176.3% in the third quarter. Canvas Wealth Advisors LLC now owns 29,816 shares of the company’s stock valued at $941,000 after buying an additional 19,023 shares during the period. MFA Wealth Services acquired a new position in Fidelity Enhanced Emerging Markets ETF during the third quarter valued at approximately $1,099,000. Finally, InTrack Investment Management Inc lifted its position in Fidelity Enhanced Emerging Markets ETF by 63.0% during the third quarter. InTrack Investment Management Inc now owns 40,507 shares of the company’s stock valued at $1,258,000 after buying an additional 15,652 shares in the last quarter.

Fidelity Enhanced Emerging Markets ETF Company Profile

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.