Short Interest in Fidelity Fundamental Large Cap Value ETF (BATS:FFLV) Declines By 97.3%

Fidelity Fundamental Large Cap Value ETF (BATS:FFLV) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 544 shares, a decline of 97.3% from the April 15th total of 19,946 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 3,367 shares, the days-to-cover ratio is currently 0.2 days.

Fidelity Fundamental Large Cap Value ETF Stock Performance

Shares of FFLV remained flat at $26.63 during trading hours on Monday. 5,597 shares of the stock were exchanged, compared to its average volume of 6,175. The stock has a market capitalization of $12.65 million, a price-to-earnings ratio of 16.54 and a beta of 0.60. Fidelity Fundamental Large Cap Value ETF has a 1 year low of $21.15 and a 1 year high of $26.94. The stock has a 50-day moving average of $25.63 and a two-hundred day moving average of $24.93.

Institutional Trading of Fidelity Fundamental Large Cap Value ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. grew its holdings in Fidelity Fundamental Large Cap Value ETF by 208.3% during the 2nd quarter. Osaic Holdings Inc. now owns 2,775 shares of the company’s stock worth $61,000 after acquiring an additional 1,875 shares in the last quarter. Kestra Advisory Services LLC bought a new position in Fidelity Fundamental Large Cap Value ETF during the 4th quarter worth about $65,000. Finally, Citadel Advisors LLC grew its holdings in Fidelity Fundamental Large Cap Value ETF by 144.3% during the 3rd quarter. Citadel Advisors LLC now owns 31,151 shares of the company’s stock worth $721,000 after acquiring an additional 18,400 shares in the last quarter.

About Fidelity Fundamental Large Cap Value ETF

The Fidelity Fundamental Large Cap Value ETF (FFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to large-cap value stocks from around the world. The fund selects equity securities based on fundamental research and analysis. FFLV was launched on Feb 22, 2024 and is issued by Fidelity.