Fidelity Fundamental Large Cap Value ETF (BATS:FFLV) Stock Short Interest Jumps 178.1%

Fidelity Fundamental Large Cap Value ETF (BATS:FFLV) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 10,178 shares, a growth of 178.1% from the October 15th total of 3,660 shares. Based on an average daily volume of 4,769 shares, the short-interest ratio is presently 2.1 days. Currently, 1.6% of the company’s stock are sold short.

Fidelity Fundamental Large Cap Value ETF Stock Performance

BATS:FFLV opened at $29.14 on Friday. The company has a market capitalization of $18.94 million, a price-to-earnings ratio of 19.14 and a beta of 0.65. Fidelity Fundamental Large Cap Value ETF has a one year low of $23.01 and a one year high of $29.68. The stock has a 50-day simple moving average of $28.50 and a 200 day simple moving average of $27.32.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Fidelity Fundamental Large Cap Value ETF stock. Commonwealth Equity Services LLC bought a new position in shares of Fidelity Fundamental Large Cap Value ETF (BATS:FFLV) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 114,542 shares of the company’s stock, valued at approximately $3,162,000. Commonwealth Equity Services LLC owned about 24.11% of Fidelity Fundamental Large Cap Value ETF as of its most recent SEC filing.

Fidelity Fundamental Large Cap Value ETF Company Profile

The Fidelity Fundamental Large Cap Value ETF (FFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to large-cap value stocks from around the world. The fund selects equity securities based on fundamental research and analysis. FFLV was launched on Feb 22, 2024 and is issued by Fidelity.