FM Compounders Equity ETF (NYSEARCA:FMCE) Short Interest Up 82.4% in July

FM Compounders Equity ETF (NYSEARCA:FMCE) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 31 shares, a growth of 82.4% from the June 30th total of 17 shares. Based on an average daily trading volume, of 240 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

FM Compounders Equity ETF Price Performance

Shares of NYSEARCA FMCE traded up $0.30 during trading hours on Friday, hitting $28.32. 25 shares of the stock were exchanged, compared to its average volume of 452. The company’s 50 day moving average is $28.18 and its 200 day moving average is $27.04. The firm has a market capitalization of $68.25 million, a P/E ratio of 20.83 and a beta of 0.75. FM Compounders Equity ETF has a one year low of $24.39 and a one year high of $29.10.

About FM Compounders Equity ETF

The FM Compounders Equity ETF (FMCE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, selecting 25-35 US stocks considered to be highly resilient and possess strong competitive advantages. The fund aims for long-term capital appreciation through fundamental research and selective investments FMCE was launched on Nov 8, 2024 and is issued by FM.