Short Interest in FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) Declines By 94.3%

FMC Excelsior Focus Equity ETF (NYSEARCA:FMCX) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 37 shares, a drop of 94.3% from the March 31st total of 646 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,112 shares, the days-to-cover ratio is presently 0.0 days.

FMC Excelsior Focus Equity ETF Trading Up 2.0%

NYSEARCA:FMCX traded up $0.71 during trading hours on Friday, hitting $35.69. 13 shares of the stock were exchanged, compared to its average volume of 1,082. FMC Excelsior Focus Equity ETF has a 52-week low of $29.38 and a 52-week high of $36.17. The firm’s fifty day moving average price is $33.49 and its 200 day moving average price is $34.29. The company has a market cap of $113.85 million, a P/E ratio of 29.12 and a beta of 0.97.

About FMC Excelsior Focus Equity ETF

The FMC Excelsior Focus Equity ETF (FMCX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US-listed companies, selected using a research-intensive, bottom-up fundamental approach. The fund utilizes the Precidian non-transparent model. FMCX was launched on Apr 25, 2022 and is managed by First Manhattan.