Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Short Interest Update

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 75,223 shares, an increase of 3,629.4% from the April 30th total of 2,017 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 647,768 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Fidelity Low Duration Bond Factor ETF

Institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN increased its position in Fidelity Low Duration Bond Factor ETF by 2.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,023,685 shares of the company’s stock worth $51,420,000 after purchasing an additional 29,079 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 47.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 644,156 shares of the company’s stock valued at $32,356,000 after buying an additional 205,846 shares during the period. Raymond James Financial Inc. boosted its position in Fidelity Low Duration Bond Factor ETF by 6.8% during the third quarter. Raymond James Financial Inc. now owns 617,681 shares of the company’s stock worth $31,008,000 after acquiring an additional 39,542 shares during the last quarter. LPL Financial LLC boosted its position in Fidelity Low Duration Bond Factor ETF by 12.4% during the fourth quarter. LPL Financial LLC now owns 533,043 shares of the company’s stock worth $26,775,000 after acquiring an additional 58,829 shares during the last quarter. Finally, AE Wealth Management LLC grew its stake in Fidelity Low Duration Bond Factor ETF by 17.5% in the 4th quarter. AE Wealth Management LLC now owns 399,536 shares of the company’s stock worth $20,069,000 after acquiring an additional 59,482 shares during the period.

Fidelity Low Duration Bond Factor ETF Trading Up 0.0%

Shares of Fidelity Low Duration Bond Factor ETF stock traded up $0.01 during trading on Friday, hitting $50.09. 29,634 shares of the company were exchanged, compared to its average volume of 321,559. Fidelity Low Duration Bond Factor ETF has a fifty-two week low of $49.02 and a fifty-two week high of $50.62. The firm has a 50 day moving average price of $50.13 and a 200 day moving average price of $50.24.

Fidelity Low Duration Bond Factor ETF Company Profile

The Fidelity Low Duration Bond Factor ETF (FLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a modified market-value-weighted index of US investment-grade floating-rate bonds and fixed-rate Treasury notes with a target portfolio duration of less than one year. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.