Fidelity Value Factor ETF (NYSEARCA:FVAL) Short Interest Update

Fidelity Value Factor ETF (NYSEARCA:FVAL) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 3,062 shares, a decrease of 76.3% from the November 30th total of 12,935 shares. Based on an average daily trading volume, of 51,085 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 51,085 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Fidelity Value Factor ETF

Large investors have recently modified their holdings of the business. Twin Peaks Wealth Advisors LLC bought a new stake in Fidelity Value Factor ETF during the second quarter valued at approximately $65,000. Avidian Wealth Enterprises LLC purchased a new stake in Fidelity Value Factor ETF during the third quarter valued at about $204,000. New England Private Wealth Advisors LLC bought a new stake in Fidelity Value Factor ETF during the second quarter worth about $215,000. IFP Advisors Inc boosted its holdings in shares of Fidelity Value Factor ETF by 5.6% in the 2nd quarter. IFP Advisors Inc now owns 3,317 shares of the company’s stock worth $212,000 after purchasing an additional 176 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC bought a new position in Fidelity Value Factor ETF during the third quarter valued at approximately $234,000.

Fidelity Value Factor ETF Price Performance

NYSEARCA:FVAL traded up $0.35 during trading hours on Thursday, hitting $73.21. The stock had a trading volume of 38,001 shares, compared to its average volume of 63,788. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 19.06 and a beta of 0.97. Fidelity Value Factor ETF has a one year low of $51.58 and a one year high of $73.59. The company has a 50 day simple moving average of $70.78 and a two-hundred day simple moving average of $67.68.

Fidelity Value Factor ETF Company Profile

The Fidelity Value Factor ETF (FVAL) is an exchange-traded fund that is based on the Fidelity U.S. Value Factor index. The fund follows a fundamentally selected, tier-weighted index of large-cap US stocks. FVAL was launched on Sep 12, 2016 and is managed by Fidelity.