Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Short Interest Down 94.3% in January

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 8,142 shares, a decline of 94.3% from the January 15th total of 143,046 shares. Based on an average daily volume of 129,033 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 129,033 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity Enhanced Large Cap Value ETF Trading Down 0.2%

NYSEARCA:FELV traded down $0.09 on Tuesday, hitting $36.55. 269,779 shares of the stock were exchanged, compared to its average volume of 168,007. The stock has a fifty day moving average of $35.36 and a 200-day moving average of $33.98. The stock has a market cap of $2.74 billion, a PE ratio of 18.67 and a beta of 0.86. Fidelity Enhanced Large Cap Value ETF has a fifty-two week low of $26.48 and a fifty-two week high of $36.73.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FELV. Founders Financial Alliance LLC acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the third quarter valued at $25,000. Holos Integrated Wealth LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF during the 4th quarter worth about $31,000. Assetmark Inc. increased its stake in shares of Fidelity Enhanced Large Cap Value ETF by 178.6% during the 4th quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock worth $51,000 after purchasing an additional 950 shares during the last quarter. Bogart Wealth LLC bought a new stake in Fidelity Enhanced Large Cap Value ETF in the second quarter worth $66,000. Finally, CoreCap Advisors LLC increased its position in Fidelity Enhanced Large Cap Value ETF by 430.2% during the fourth quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock worth $80,000 after buying an additional 1,867 shares during the last quarter.

Fidelity Enhanced Large Cap Value ETF Company Profile

The Fidelity Enhanced Large Cap Value ETF (FELV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in large-cap value stocks belonging to a broad US equity value index. The fund aims for growth of capital FELV was launched on Apr 19, 2007 and is issued by Fidelity.