Fidelity Cloud Computing ETF (BATS:FCLD) Stock Short Interest Report for October

Fidelity Cloud Computing ETF (BATS:FCLD) saw a large drop in short interest in October. As of October 30th, there was short interest totaling 19,638 shares, a drop of 74.4% from the October 15th total of 76,851 shares. Based on an average daily trading volume, of 36,054 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.6% of the company’s shares are sold short.

Fidelity Cloud Computing ETF Price Performance

Fidelity Cloud Computing ETF stock opened at $40.28 on Thursday. The stock has a market cap of $140.98 million, a price-to-earnings ratio of 23.70 and a beta of 1.30. Fidelity Cloud Computing ETF has a 1 year low of $26.01 and a 1 year high of $46.19. The firm has a 50-day moving average of $43.68 and a two-hundred day moving average of $36.69.

Hedge Funds Weigh In On Fidelity Cloud Computing ETF

A number of institutional investors have recently modified their holdings of the stock. Commonwealth Equity Services LLC purchased a new stake in shares of Fidelity Cloud Computing ETF in the third quarter valued at approximately $1,849,000. Commonwealth Financial Services LLC purchased a new position in Fidelity Cloud Computing ETF during the 3rd quarter worth $832,000. HighTower Advisors LLC purchased a new position in Fidelity Cloud Computing ETF during the 3rd quarter worth $291,000. Root Financial Partners LLC bought a new stake in Fidelity Cloud Computing ETF during the 3rd quarter valued at $111,000. Finally, Kestra Advisory Services LLC raised its position in Fidelity Cloud Computing ETF by 2.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 22,454 shares of the company’s stock valued at $1,005,000 after purchasing an additional 483 shares in the last quarter.

About Fidelity Cloud Computing ETF

The Fidelity Cloud Computing ETF (FCLD) is an exchange-traded fund that is based on the Fidelity Cloud Computing index, a market-cap-weighted index of global companies that provide products and\u002For services enabling increased usage of cloud computing. FCLD was launched on Oct 5, 2021 and is managed by Fidelity.