Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Shares Shorted: Short Interest Down 73.1% in September

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 8,753 shares, a drop of 73.1% from the September 15th total of 32,511 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 82,412 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Fidelity Investment Grade Bond ETF

Large investors have recently bought and sold shares of the business. Heartland Bank & Trust Co acquired a new position in Fidelity Investment Grade Bond ETF during the second quarter worth about $48,585,000. Anson Capital Inc. boosted its stake in shares of Fidelity Investment Grade Bond ETF by 6.8% in the 2nd quarter. Anson Capital Inc. now owns 219,198 shares of the company’s stock valued at $9,388,000 after purchasing an additional 13,988 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Investment Grade Bond ETF by 44.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 72,888 shares of the company’s stock valued at $3,122,000 after purchasing an additional 22,363 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Fidelity Investment Grade Bond ETF by 7.7% in the 1st quarter. Kestra Advisory Services LLC now owns 71,366 shares of the company’s stock valued at $3,072,000 after purchasing an additional 5,116 shares in the last quarter. Finally, Noble Wealth Management PBC grew its holdings in shares of Fidelity Investment Grade Bond ETF by 10.4% during the 2nd quarter. Noble Wealth Management PBC now owns 63,036 shares of the company’s stock valued at $2,700,000 after purchasing an additional 5,946 shares during the last quarter.

Fidelity Investment Grade Bond ETF Stock Up 0.1%

NYSEARCA FIGB traded up $0.06 on Tuesday, hitting $41.04. 81,908 shares of the company’s stock were exchanged, compared to its average volume of 97,458. The stock has a 50-day moving average of $41.78 and a 200-day moving average of $42.47. Fidelity Investment Grade Bond ETF has a 52 week low of $40.50 and a 52 week high of $44.20.

About Fidelity Investment Grade Bond ETF

The Fidelity Investment Grade Bond ETF (FIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in investment grade debt securities of any maturity, globally. FIGB was launched on Mar 2, 2021 and is managed by Fidelity.