Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) Short Interest Up 93.3% in June

Fidelity Enhanced Large Cap Value ETF (NYSEARCA:FELV) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 102,975 shares, an increase of 93.3% from the June 15th total of 53,285 shares. Based on an average trading volume of 175,504 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

Fidelity Enhanced Large Cap Value ETF Stock Performance

Fidelity Enhanced Large Cap Value ETF stock opened at $41.15 on Friday. The company’s 50 day simple moving average is $39.72 and its 200-day simple moving average is $37.32. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of 18.67 and a beta of 0.79. Fidelity Enhanced Large Cap Value ETF has a 1 year low of $31.26 and a 1 year high of $41.48.

Institutional Trading of Fidelity Enhanced Large Cap Value ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Holos Integrated Wealth LLC acquired a new position in Fidelity Enhanced Large Cap Value ETF during the fourth quarter worth $31,000. Assetmark Inc. grew its stake in shares of Fidelity Enhanced Large Cap Value ETF by 178.6% in the fourth quarter. Assetmark Inc. now owns 1,482 shares of the company’s stock valued at $51,000 after buying an additional 950 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the fourth quarter valued at $53,000. CoreCap Advisors LLC raised its holdings in shares of Fidelity Enhanced Large Cap Value ETF by 430.2% in the 4th quarter. CoreCap Advisors LLC now owns 2,301 shares of the company’s stock valued at $80,000 after buying an additional 1,867 shares during the period. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Fidelity Enhanced Large Cap Value ETF in the 4th quarter valued at $98,000.

About Fidelity Enhanced Large Cap Value ETF

The Fidelity Enhanced Large Cap Value ETF (FELV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in large-cap value stocks belonging to a broad US equity value index. The fund aims for growth of capital FELV was launched on Apr 19, 2007 and is issued by Fidelity.