Fidelity Yield Enhanced Equity ETF (BATS:FYEE) Short Interest Update

Fidelity Yield Enhanced Equity ETF (BATS:FYEE) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 317,749 shares, a growth of 913.0% from the August 15th total of 31,368 shares. Based on an average daily trading volume, of 131,883 shares, the short-interest ratio is presently 2.4 days. Approximately 63.5% of the shares of the stock are sold short.

Fidelity Yield Enhanced Equity ETF Price Performance

Shares of Fidelity Yield Enhanced Equity ETF stock traded down $0.20 during trading on Thursday, hitting $29.98. The stock had a trading volume of 163,591 shares, compared to its average volume of 79,491. The business has a fifty day moving average of $29.77 and a two-hundred day moving average of $29.06. Fidelity Yield Enhanced Equity ETF has a fifty-two week low of $26.29 and a fifty-two week high of $30.52. The firm has a market cap of $14.99 million, a P/E ratio of 24.14 and a beta of 1.00.

Institutional Investors Weigh In On Fidelity Yield Enhanced Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Sunbelt Securities Inc. grew its stake in shares of Fidelity Yield Enhanced Equity ETF by 696.9% in the 4th quarter. Sunbelt Securities Inc. now owns 2,287 shares of the company’s stock worth $66,000 after purchasing an additional 2,000 shares during the last quarter. IFP Advisors Inc boosted its holdings in Fidelity Yield Enhanced Equity ETF by 165.9% during the second quarter. IFP Advisors Inc now owns 4,521 shares of the company’s stock worth $131,000 after buying an additional 2,821 shares in the last quarter. Royal Bank of Canada bought a new stake in Fidelity Yield Enhanced Equity ETF during the fourth quarter worth approximately $147,000. Kestra Advisory Services LLC bought a new stake in Fidelity Yield Enhanced Equity ETF during the fourth quarter worth approximately $160,000. Finally, RFG Advisory LLC acquired a new position in Fidelity Yield Enhanced Equity ETF in the second quarter worth approximately $215,000.

About Fidelity Yield Enhanced Equity ETF

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