Fidelity Cloud Computing ETF (BATS:FCLD) Short Interest Update

Fidelity Cloud Computing ETF (BATS:FCLD) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,389 shares, an increase of 491.4% from the April 30th total of 573 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 19,505 shares, the short-interest ratio is presently 0.2 days.

Fidelity Cloud Computing ETF Price Performance

FCLD opened at $38.89 on Friday. The business has a fifty day moving average price of $31.21 and a 200 day moving average price of $29.97. Fidelity Cloud Computing ETF has a 12 month low of $26.01 and a 12 month high of $39.05. The stock has a market capitalization of $126.39 million, a price-to-earnings ratio of 36.27 and a beta of 1.22.

Hedge Funds Weigh In On Fidelity Cloud Computing ETF

A number of institutional investors and hedge funds have recently made changes to their positions in FCLD. Kestra Advisory Services LLC grew its position in shares of Fidelity Cloud Computing ETF by 9.6% during the 4th quarter. Kestra Advisory Services LLC now owns 21,799 shares of the company’s stock valued at $648,000 after buying an additional 1,918 shares during the last quarter. LPL Financial LLC acquired a new position in Fidelity Cloud Computing ETF in the 4th quarter worth approximately $282,000. Rooted Wealth Advisors Inc. boosted its stake in Fidelity Cloud Computing ETF by 18.5% in the 4th quarter. Rooted Wealth Advisors Inc. now owns 37,286 shares of the company’s stock worth $1,045,000 after purchasing an additional 5,830 shares during the period. High Point Wealth Management LLC purchased a new position in Fidelity Cloud Computing ETF during the 4th quarter worth approximately $1,549,000. Finally, TD Waterhouse Canada Inc. acquired a new stake in Fidelity Cloud Computing ETF during the 4th quarter valued at $74,000.

Fidelity Cloud Computing ETF Company Profile

The Fidelity Cloud Computing ETF (FCLD) is an exchange-traded fund that is based on the Fidelity Cloud Computing index, a market-cap-weighted index of global companies that provide products and\u002For services enabling increased usage of cloud computing. FCLD was launched on Oct 5, 2021 and is managed by Fidelity.