Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Short Interest Update

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 13,183 shares, an increase of 269.8% from the July 15th total of 3,565 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 202,531 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity Low Duration Bond Factor ETF Trading Up 0.0%

BATS FLDR opened at $50.06 on Thursday. Fidelity Low Duration Bond Factor ETF has a 52 week low of $49.02 and a 52 week high of $50.62. The firm has a 50 day moving average of $50.13 and a two-hundred day moving average of $50.17.

Institutional Trading of Fidelity Low Duration Bond Factor ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. GHP Investment Advisors Inc. purchased a new stake in Fidelity Low Duration Bond Factor ETF during the 1st quarter worth about $25,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Fidelity Low Duration Bond Factor ETF in the 2nd quarter valued at about $25,000. Fifth Third Bancorp purchased a new position in shares of Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at about $33,000. Basepoint Wealth LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF during the 1st quarter worth about $59,000. Finally, Elevated Capital Advisors LLC purchased a new stake in Fidelity Low Duration Bond Factor ETF during the fourth quarter worth approximately $88,000.

About Fidelity Low Duration Bond Factor ETF

The Fidelity Low Duration Bond Factor ETF (FLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a modified market-value-weighted index of US investment-grade floating-rate bonds and fixed-rate Treasury notes with a target portfolio duration of less than one year. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.