Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Short Interest Up 127.1% in May

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 61,029 shares, a growth of 127.1% from the May 14th total of 26,869 shares. Currently, 2.0% of the shares of the stock are sold short. Based on an average trading volume of 40,913 shares, the short-interest ratio is presently 1.5 days.

Institutional Investors Weigh In On Fidelity Enhanced Emerging Markets ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new stake in shares of Fidelity Enhanced Emerging Markets ETF in the 2nd quarter valued at approximately $469,000. Founders Financial Securities LLC bought a new position in shares of Fidelity Enhanced Emerging Markets ETF during the 1st quarter worth approximately $969,000. MFA Wealth Services bought a new position in shares of Fidelity Enhanced Emerging Markets ETF during the 3rd quarter worth approximately $1,099,000. EverSource Wealth Advisors LLC acquired a new stake in Fidelity Enhanced Emerging Markets ETF in the 4th quarter valued at $1,681,000. Finally, InTrack Investment Management Inc boosted its stake in Fidelity Enhanced Emerging Markets ETF by 40.6% in the 4th quarter. InTrack Investment Management Inc now owns 56,953 shares of the company’s stock valued at $1,853,000 after buying an additional 16,446 shares in the last quarter.

Fidelity Enhanced Emerging Markets ETF Stock Performance

Shares of Fidelity Enhanced Emerging Markets ETF stock opened at $41.85 on Friday. The firm has a market cap of $125.55 million, a P/E ratio of 13.14 and a beta of 1.01. The firm’s 50-day simple moving average is $39.56 and its 200-day simple moving average is $36.17. Fidelity Enhanced Emerging Markets ETF has a twelve month low of $27.18 and a twelve month high of $44.00.

About Fidelity Enhanced Emerging Markets ETF

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.