Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) Stock Short Interest Drops 37.6%

Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 119,721 shares, a decrease of 37.6% from the September 30th total of 191,907 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 414,240 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Fidelity Enhanced Large Cap Growth ETF

A number of hedge funds have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Fidelity Enhanced Large Cap Growth ETF in the 3rd quarter worth about $62,000. Latitude Advisors LLC bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the 3rd quarter valued at about $100,000. Root Financial Partners LLC bought a new stake in shares of Fidelity Enhanced Large Cap Growth ETF during the 3rd quarter valued at about $122,000. Fifth Third Bancorp grew its stake in Fidelity Enhanced Large Cap Growth ETF by 4,727.1% during the first quarter. Fifth Third Bancorp now owns 3,379 shares of the company’s stock worth $127,000 after purchasing an additional 3,309 shares during the period. Finally, Elevation Wealth Partners LLC acquired a new stake in Fidelity Enhanced Large Cap Growth ETF during the second quarter worth approximately $153,000.

Fidelity Enhanced Large Cap Growth ETF Stock Up 1.2%

Fidelity Enhanced Large Cap Growth ETF stock traded up $0.49 during mid-day trading on Tuesday, hitting $42.23. 216,457 shares of the stock were exchanged, compared to its average volume of 533,804. Fidelity Enhanced Large Cap Growth ETF has a 12 month low of $35.92 and a 12 month high of $46.62. The firm’s fifty day simple moving average is $44.40 and its two-hundred day simple moving average is $42.44. The stock has a market capitalization of $5.44 billion, a price-to-earnings ratio of 25.11 and a beta of 1.23.

About Fidelity Enhanced Large Cap Growth ETF

(Get Free Report)

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

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