Fidelity Fundamental Emerging Markets ETF (BATS:FFEM) Shares Shorted: Short Interest Down 44.5% in September

Fidelity Fundamental Emerging Markets ETF (BATS:FFEM) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 10,252 shares, a decline of 44.5% from the September 15th total of 18,471 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 9,851 shares, the short-interest ratio is presently 1.0 days.

Fidelity Fundamental Emerging Markets ETF Trading Down 0.7%

BATS:FFEM opened at $39.71 on Friday. The company has a 50-day moving average price of $42.17 and a 200-day moving average price of $41.51. The stock has a market cap of $51.62 million, a price-to-earnings ratio of 16.15 and a beta of 1.01. Fidelity Fundamental Emerging Markets ETF has a 12 month low of $31.51 and a 12 month high of $45.62.

Hedge Funds Weigh In On Fidelity Fundamental Emerging Markets ETF

A hedge fund recently raised its position in Fidelity Fundamental Emerging Markets ETF stock. Kestra Advisory Services LLC boosted its stake in Fidelity Fundamental Emerging Markets ETF (BATS:FFEM) by 942.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 88,104 shares of the company’s stock after buying an additional 79,650 shares during the period. Kestra Advisory Services LLC owned 8.81% of Fidelity Fundamental Emerging Markets ETF worth $3,114,000 at the end of the most recent reporting period.

Fidelity Fundamental Emerging Markets ETF Company Profile

The Fidelity Fundamental Emerging Markets ETF (FFEM) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to achieve long-term capital growth through an actively managed portfolio of emerging markets stocks selected based on fundamental factors. The fund includes issuers of any market capitalization. FFEM was launched on Nov 19, 2024 and is issued by Fidelity.