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

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 55,288 shares, a growth of 2,228.9% from the August 31st total of 2,374 shares. Based on an average daily volume of 82,135 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Trading of Fidelity Fundamental Large Cap Core ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC raised its position in shares of Fidelity Fundamental Large Cap Core ETF by 30.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 166,994 shares of the company’s stock worth $8,564,000 after acquiring an additional 39,242 shares in the last quarter. Triad Wealth Partners LLC lifted its stake in shares of Fidelity Fundamental Large Cap Core ETF by 135.5% during the 1st quarter. Triad Wealth Partners LLC now owns 14,999 shares of the company’s stock worth $769,000 after purchasing an additional 8,629 shares during the last quarter. Envision Financial Transparency LLC bought a new stake in Fidelity Fundamental Large Cap Core ETF during the first quarter valued at about $3,262,000. Private Advisor Group LLC purchased a new position in Fidelity Fundamental Large Cap Core ETF in the first quarter valued at about $585,000. Finally, Tactive Advisors LLC grew its stake in Fidelity Fundamental Large Cap Core ETF by 17.9% in the second quarter. Tactive Advisors LLC now owns 280,301 shares of the company’s stock valued at $16,513,000 after purchasing an additional 42,651 shares during the last quarter.

Fidelity Fundamental Large Cap Core ETF Stock Down 0.1%

FFLC stock traded down $0.06 during trading on Thursday, hitting $59.54. 58,156 shares of the company’s stock traded hands, compared to its average volume of 93,823. The firm has a market capitalization of $940.73 million, a P/E ratio of 24.24 and a beta of 0.94. The business has a fifty day simple moving average of $59.57 and a two-hundred day simple moving average of $57.47. Fidelity Fundamental Large Cap Core ETF has a 1 year low of $49.40 and a 1 year high of $61.14.

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.