Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Stock Short Interest Report for September

Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 370,197 shares, a growth of 211.3% from the September 15th total of 118,905 shares. Based on an average trading volume of 959,774 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Trading of Fidelity Enhanced Mid Cap ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its stake in Fidelity Enhanced Mid Cap ETF by 1.5% in the third quarter. Farther Finance Advisors LLC now owns 65,239 shares of the company’s stock worth $2,634,000 after acquiring an additional 978 shares during the period. Titleist Asset Management LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the 3rd quarter worth about $510,000. Cassilly Financial Group LLC grew its holdings in Fidelity Enhanced Mid Cap ETF by 4.0% during the 3rd quarter. Cassilly Financial Group LLC now owns 65,165 shares of the company’s stock worth $2,631,000 after acquiring an additional 2,480 shares in the last quarter. Worth Asset Management LLC increased its position in Fidelity Enhanced Mid Cap ETF by 51.4% during the 3rd quarter. Worth Asset Management LLC now owns 55,284 shares of the company’s stock valued at $2,232,000 after purchasing an additional 18,776 shares during the period. Finally, Noble Wealth Management PBC increased its position in Fidelity Enhanced Mid Cap ETF by 11.4% during the 3rd quarter. Noble Wealth Management PBC now owns 45,363 shares of the company’s stock valued at $1,832,000 after purchasing an additional 4,639 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Up 0.2%

FMDE traded up $0.09 during trading hours on Tuesday, reaching $41.42. 987,714 shares of the company’s stock traded hands, compared to its average volume of 935,255. The firm has a 50-day moving average price of $41.66 and a 200 day moving average price of $40.03. Fidelity Enhanced Mid Cap ETF has a 52-week low of $34.33 and a 52-week high of $42.97. The firm has a market capitalization of $8.35 billion, a PE ratio of 20.20 and a beta of 0.93.

About Fidelity Enhanced Mid Cap ETF

The Fidelity Enhanced Mid Cap ETF (FMDE) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed fund that invests in US, mid-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel Midcap Index. FMDE was launched on Dec 20, 2007 and is issued by Fidelity.