Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Short Interest Up 133.5% in April

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 335,272 shares, a growth of 133.5% from the April 15th total of 143,565 shares. Based on an average daily trading volume, of 793,291 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Fidelity Enhanced Large Cap Core ETF Trading Down 1.1%

Fidelity Enhanced Large Cap Core ETF stock traded down $0.48 during trading on Friday, hitting $41.39. 652,354 shares of the company were exchanged, compared to its average volume of 1,080,174. The business’s 50 day moving average is $38.40 and its 200 day moving average is $38.23. Fidelity Enhanced Large Cap Core ETF has a 52 week low of $32.08 and a 52 week high of $41.94. The company has a market capitalization of $7.22 billion, a P/E ratio of 24.29 and a beta of 1.00.

Institutional Investors Weigh In On Fidelity Enhanced Large Cap Core ETF

Several institutional investors have recently bought and sold shares of FELC. Goldman Sachs Group Inc. purchased a new position in Fidelity Enhanced Large Cap Core ETF in the first quarter worth $72,976,000. SHP Wealth Management purchased a new position in Fidelity Enhanced Large Cap Core ETF in the fourth quarter worth $58,241,000. Jane Street Group LLC boosted its position in Fidelity Enhanced Large Cap Core ETF by 406.3% in the second quarter. Jane Street Group LLC now owns 1,370,421 shares of the company’s stock worth $47,266,000 after purchasing an additional 1,099,761 shares during the last quarter. CWM LLC boosted its position in Fidelity Enhanced Large Cap Core ETF by 332.8% in the fourth quarter. CWM LLC now owns 1,396,617 shares of the company’s stock worth $53,309,000 after purchasing an additional 1,073,930 shares during the last quarter. Finally, Two Sigma Investments LP purchased a new position in Fidelity Enhanced Large Cap Core ETF in the third quarter worth $35,380,000.

About Fidelity Enhanced Large Cap Core ETF

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