Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Short Interest Up 84.4% in July

Fidelity Yield Enhanced Equity ETF (BATS:FYEE) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 83,823 shares, a growth of 84.4% from the June 30th total of 45,469 shares. Currently, 16.8% of the shares of the company are sold short. Based on an average trading volume of 63,456 shares, the short-interest ratio is currently 1.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FYEE. Sunbelt Securities Inc. lifted its position in shares of Fidelity Yield Enhanced Equity ETF by 696.9% during the 4th quarter. Sunbelt Securities Inc. now owns 2,287 shares of the company’s stock valued at $66,000 after acquiring an additional 2,000 shares during the last quarter. Royal Bank of Canada bought a new stake in shares of Fidelity Yield Enhanced Equity ETF during the 4th quarter worth $147,000. Kestra Advisory Services LLC acquired a new position in shares of Fidelity Yield Enhanced Equity ETF in the 4th quarter worth $160,000. LPL Financial LLC acquired a new position in shares of Fidelity Yield Enhanced Equity ETF in the 4th quarter worth $322,000. Finally, PFG Investments LLC acquired a new stake in shares of Fidelity Yield Enhanced Equity ETF during the first quarter worth $334,000.

Fidelity Yield Enhanced Equity ETF Price Performance

BATS FYEE opened at $29.63 on Friday. Fidelity Yield Enhanced Equity ETF has a 12 month low of $26.28 and a 12 month high of $30.14. The company has a market capitalization of $14.81 million, a P/E ratio of 24.14 and a beta of 1.00. The company’s 50 day simple moving average is $29.24 and its 200 day simple moving average is $28.82.

Fidelity Yield Enhanced Equity ETF Company Profile

The Fidelity Yield Enhanced Equity ETF (FYEE) is an exchange-traded fund that trades on the BATS exchange in the United States.