Fidelity Stocks For Inflation ETF (BATS:FCPI) Short Interest Update

Fidelity Stocks For Inflation ETF (BATS:FCPI) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 14,124 shares, a growth of 202.5% from the May 14th total of 4,669 shares. Based on an average daily volume of 13,935 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.3% of the shares of the stock are sold short.

Fidelity Stocks For Inflation ETF Trading Up 1.9%

Shares of FCPI opened at $53.47 on Friday. The company has a market cap of $259.33 million, a PE ratio of 18.17 and a beta of 0.91. The stock has a 50-day moving average price of $52.95 and a 200-day moving average price of $51.27. Fidelity Stocks For Inflation ETF has a 12-month low of $45.34 and a 12-month high of $55.08.

Hedge Funds Weigh In On Fidelity Stocks For Inflation ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Atria Investments Inc grew its stake in Fidelity Stocks For Inflation ETF by 8.8% in the 3rd quarter. Atria Investments Inc now owns 188,993 shares of the company’s stock worth $9,469,000 after buying an additional 15,266 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity Stocks For Inflation ETF by 93,516.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,798,366 shares of the company’s stock worth $88,983,000 after buying an additional 1,796,445 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Fidelity Stocks For Inflation ETF by 9.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 118,673 shares of the company’s stock worth $5,950,000 after buying an additional 10,353 shares in the last quarter. Focus Partners Advisor Solutions LLC purchased a new position in Fidelity Stocks For Inflation ETF in the 3rd quarter worth approximately $348,000. Finally, Compound Planning Inc. lifted its stake in Fidelity Stocks For Inflation ETF by 3.7% during the third quarter. Compound Planning Inc. now owns 6,651 shares of the company’s stock worth $333,000 after purchasing an additional 237 shares during the last quarter.

About Fidelity Stocks For Inflation ETF

The Fidelity Stocks for Inflation ETF (FCPI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of U.S. large- and mid-cap stocks based on multi-factor criteria with structural tilts towards inflation-sensitive sectors and industries FCPI was launched on Nov 5, 2019 and is managed by Fidelity.