Fidelity Corporate Bond ETF (NYSEARCA:FCOR – Get Free Report) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,961 shares, a growth of 109.8% from the April 15th total of 2,365 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 27,425 shares, the days-to-cover ratio is presently 0.2 days.
Fidelity Corporate Bond ETF Stock Performance
Shares of NYSEARCA:FCOR traded down $0.02 during mid-day trading on Monday, reaching $46.88. The stock had a trading volume of 17,946 shares, compared to its average volume of 36,247. The firm has a 50 day simple moving average of $47.35 and a two-hundred day simple moving average of $47.80. Fidelity Corporate Bond ETF has a twelve month low of $45.92 and a twelve month high of $48.79.
Institutional Investors Weigh In On Fidelity Corporate Bond ETF
Large investors have recently modified their holdings of the business. Fifth Third Bancorp bought a new position in shares of Fidelity Corporate Bond ETF during the 1st quarter valued at about $39,000. Sunbelt Securities Inc. increased its stake in Fidelity Corporate Bond ETF by 8,233.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,000 shares of the company’s stock worth $48,000 after purchasing an additional 988 shares in the last quarter. Cornerstone Planning Group LLC acquired a new stake in Fidelity Corporate Bond ETF during the 3rd quarter worth approximately $50,000. Advisory Services Network LLC acquired a new stake in Fidelity Corporate Bond ETF during the 3rd quarter worth approximately $76,000. Finally, PFG Investments LLC lifted its stake in Fidelity Corporate Bond ETF by 6.6% in the third quarter. PFG Investments LLC now owns 5,183 shares of the company’s stock valued at $249,000 after buying an additional 320 shares in the last quarter.
Fidelity Corporate Bond ETF Company Profile
The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.
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