Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Sees Large Increase in Short Interest

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 122,073 shares, a growth of 237.9% from the May 14th total of 36,125 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 86,560 shares, the short-interest ratio is currently 1.4 days.

Fidelity Fundamental Large Cap Core ETF Stock Performance

Shares of BATS FFLC traded up $0.47 during trading hours on Friday, hitting $58.25. 76,714 shares of the stock were exchanged, compared to its average volume of 100,050. The company has a market cap of $920.35 million, a PE ratio of 24.24 and a beta of 0.94. The company’s fifty day simple moving average is $56.78 and its two-hundred day simple moving average is $54.67. Fidelity Fundamental Large Cap Core ETF has a 1-year low of $46.47 and a 1-year high of $59.30.

Institutional Trading of Fidelity Fundamental Large Cap Core ETF

Several large investors have recently made changes to their positions in the company. Sunbelt Securities Inc. boosted its position in shares of Fidelity Fundamental Large Cap Core ETF by 37.8% during the 4th quarter. Sunbelt Securities Inc. now owns 689 shares of the company’s stock worth $37,000 after acquiring an additional 189 shares in the last quarter. Coston McIsaac & Partners boosted its position in Fidelity Fundamental Large Cap Core ETF by 42.1% in the first quarter. Coston McIsaac & Partners now owns 668 shares of the company’s stock valued at $34,000 after buying an additional 198 shares in the last quarter. Flagship Wealth Advisors LLC boosted its position in Fidelity Fundamental Large Cap Core ETF by 1.2% in the fourth quarter. Flagship Wealth Advisors LLC now owns 22,120 shares of the company’s stock valued at $1,180,000 after buying an additional 267 shares in the last quarter. CWM LLC boosted its position in Fidelity Fundamental Large Cap Core ETF by 8.9% in the fourth quarter. CWM LLC now owns 3,819 shares of the company’s stock valued at $204,000 after buying an additional 313 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in Fidelity Fundamental Large Cap Core ETF by 2.2% in the third quarter. Oppenheimer & Co. Inc. now owns 19,373 shares of the company’s stock valued at $1,008,000 after buying an additional 413 shares in the last quarter.

Fidelity Fundamental Large Cap Core ETF Company Profile

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.