Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) Sees Significant Drop in Short Interest

Fidelity Enhanced US All-Cap Equity ETF (NYSEARCA:FEAC) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,327 shares, a decrease of 38.9% from the June 15th total of 7,077 shares. Based on an average daily volume of 9,061 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.5% of the shares of the stock are short sold.

Fidelity Enhanced US All-Cap Equity ETF Trading Down 0.2%

FEAC stock traded down $0.08 during midday trading on Thursday, reaching $32.68. The stock had a trading volume of 454 shares, compared to its average volume of 9,625. The company’s fifty day simple moving average is $32.04 and its 200 day simple moving average is $30.20. The company has a market cap of $21.24 million, a price-to-earnings ratio of 22.69 and a beta of 1.00. Fidelity Enhanced US All-Cap Equity ETF has a 52-week low of $26.16 and a 52-week high of $32.82.

Fidelity Enhanced US All-Cap Equity ETF Company Profile

The Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in US equity securities across all market capitalizations. The fund aims for capital growth