Short Interest in Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) Drops By 92.3%

Fidelity Enhanced Large Cap Core ETF (NYSEARCA:FELC) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 80,822 shares, a decline of 92.3% from the May 31st total of 1,052,706 shares. Based on an average daily volume of 1,119,190 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Fidelity Enhanced Large Cap Core ETF Price Performance

NYSEARCA FELC traded down $0.17 on Friday, hitting $41.03. 630,035 shares of the company’s stock were exchanged, compared to its average volume of 1,042,036. The firm’s 50-day moving average price is $41.16 and its two-hundred day moving average price is $39.07. Fidelity Enhanced Large Cap Core ETF has a fifty-two week low of $34.05 and a fifty-two week high of $42.66. The firm has a market cap of $7.16 billion, a price-to-earnings ratio of 24.29 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in Fidelity Enhanced Large Cap Core ETF by 28,371.0% in the first quarter. Royal Bank of Canada now owns 256,239 shares of the company’s stock valued at $7,992,000 after acquiring an additional 255,339 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Fidelity Enhanced Large Cap Core ETF by 1,038.8% during the 1st quarter. Jones Financial Companies Lllp now owns 9,224 shares of the company’s stock worth $288,000 after purchasing an additional 8,414 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of Fidelity Enhanced Large Cap Core ETF during the 1st quarter worth $72,976,000. Jane Street Group LLC increased its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 206.1% in the 1st quarter. Jane Street Group LLC now owns 270,660 shares of the company’s stock valued at $8,442,000 after purchasing an additional 182,226 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Fidelity Enhanced Large Cap Core ETF by 5.3% in the 2nd quarter. Cerity Partners LLC now owns 186,678 shares of the company’s stock valued at $6,438,000 after purchasing an additional 9,467 shares in the last quarter.

Fidelity Enhanced Large Cap Core ETF Company Profile

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.