Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Sees Significant Drop in Short Interest

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 2,474 shares, a decline of 81.2% from the July 30th total of 13,183 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 173,744 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Fidelity Low Duration Bond Factor ETF

A number of large investors have recently bought and sold shares of FLDR. GHP Investment Advisors Inc. bought a new stake in shares of Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at $25,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Fidelity Low Duration Bond Factor ETF in the second quarter valued at about $25,000. Fifth Third Bancorp purchased a new stake in Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at about $33,000. Basepoint Wealth LLC bought a new stake in Fidelity Low Duration Bond Factor ETF during the first quarter worth $59,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of Fidelity Low Duration Bond Factor ETF in the 4th quarter worth about $100,000.

Fidelity Low Duration Bond Factor ETF Price Performance

Shares of Fidelity Low Duration Bond Factor ETF stock remained flat at $50.17 on Thursday. The stock had a trading volume of 123,784 shares, compared to its average volume of 335,849. The company has a fifty day moving average of $50.13 and a 200 day moving average of $50.16. Fidelity Low Duration Bond Factor ETF has a one year low of $49.02 and a one year high of $50.62.

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.