Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR – Get Free Report) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 17,441 shares, a growth of 92.7% from the September 15th total of 9,051 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 41,160 shares, the days-to-cover ratio is presently 0.4 days.
Fidelity Enhanced Emerging Markets ETF Price Performance
FEMR traded down $0.32 during trading on Thursday, hitting $39.20. 28,696 shares of the stock traded hands, compared to its average volume of 42,460. Fidelity Enhanced Emerging Markets ETF has a twelve month low of $30.36 and a twelve month high of $44.41. The company has a market cap of $196 million, a price-to-earnings ratio of 13.14 and a beta of 1.05. The business has a 50 day moving average price of $41.21 and a 200 day moving average price of $40.37.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in FEMR. InTrack Investment Management Inc boosted its position in Fidelity Enhanced Emerging Markets ETF by 23.2% in the second quarter. InTrack Investment Management Inc now owns 101,235 shares of the company’s stock valued at $4,311,000 after buying an additional 19,079 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of Fidelity Enhanced Emerging Markets ETF by 16.9% during the second quarter. Citadel Advisors LLC now owns 88,456 shares of the company’s stock worth $3,766,000 after buying an additional 12,763 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Fidelity Enhanced Emerging Markets ETF in the 2nd quarter valued at $1,901,000. EverSource Wealth Advisors LLC lifted its stake in shares of Fidelity Enhanced Emerging Markets ETF by 52.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 78,884 shares of the company’s stock valued at $2,694,000 after acquiring an additional 27,230 shares during the last quarter. Finally, Founders Financial Securities LLC bought a new position in shares of Fidelity Enhanced Emerging Markets ETF in the 1st quarter valued at $969,000.
Fidelity Enhanced Emerging Markets ETF Company Profile
The Fidelity Enhanced Emerging Markets ETF (FEMR) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of issuers in emerging markets. The fund aims for growth of capital FEMR was launched on Nov 19, 2024 and is issued by Fidelity.
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