Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) Short Interest Up 110.9% in May

Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 25,722 shares, a growth of 110.9% from the May 14th total of 12,196 shares. Based on an average daily volume of 29,124 shares, the short-interest ratio is currently 0.9 days. Currently, 6.8% of the shares of the company are short sold.

Fidelity Enhanced US All-Cap Equity ETF Stock Performance

NYSEARCA:FEAC traded up $0.03 during mid-day trading on Friday, hitting $31.90. The stock had a trading volume of 7,890 shares, compared to its average volume of 7,333. Fidelity Enhanced US All-Cap Equity ETF has a twelve month low of $25.13 and a twelve month high of $32.82. The stock has a market cap of $12.12 million, a price-to-earnings ratio of 22.69 and a beta of 1.00. The company’s 50 day simple moving average is $30.90 and its 200 day simple moving average is $29.67.

About Fidelity Enhanced US All-Cap Equity ETF

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