Short Interest in Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) Declines By 38.9%

Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 4,327 shares, a decline of 38.9% from the June 15th total of 7,077 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 9,061 shares, the days-to-cover ratio is currently 0.5 days.

Fidelity Enhanced US All-Cap Equity ETF Price Performance

Shares of NYSEARCA:FEAC traded down $0.19 during trading hours on Friday, hitting $32.35. The company’s stock had a trading volume of 1,499 shares, compared to its average volume of 9,575. The firm’s fifty day moving average price is $32.07 and its 200 day moving average price is $30.22. Fidelity Enhanced US All-Cap Equity ETF has a 52 week low of $26.16 and a 52 week high of $32.82. The company has a market capitalization of $21.03 million, a price-to-earnings ratio of 22.69 and a beta of 1.00.

About Fidelity Enhanced US All-Cap Equity ETF

The Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in US equity securities across all market capitalizations. The fund aims for capital growth