Short Interest in Fidelity Hedged Equity ETF (BATS:FHEQ) Decreases By 51.9%

Fidelity Hedged Equity ETF (BATS:FHEQGet Free Report) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 41,738 shares, a decline of 51.9% from the June 15th total of 86,713 shares. Based on an average daily volume of 52,406 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company’s shares are sold short.

Fidelity Hedged Equity ETF Stock Down 0.6%

FHEQ opened at $33.28 on Tuesday. The firm has a market capitalization of $595.71 million, a P/E ratio of 23.95 and a beta of 0.87. The stock has a fifty day moving average of $33.04 and a 200-day moving average of $31.54. Fidelity Hedged Equity ETF has a 12-month low of $28.63 and a 12-month high of $33.77.

About Fidelity Hedged Equity ETF

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

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