Short interest in Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF (ARCA:FMDE) increased during the last reporting period, rising from 62.80K to 136.66K. This put -% of the company's publicly available shares short.
Short interest for Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF gives investors a sense of the degree to which investors are betting on the decline of Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 155.19K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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