Short Interest in Fidelity Cloud Computing ETF (BATS:FCLD) Rises By 491.4%

Fidelity Cloud Computing ETF (BATS:FCLD) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 3,389 shares, a growth of 491.4% from the April 30th total of 573 shares. Based on an average daily volume of 19,505 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Fidelity Cloud Computing ETF Stock Down 0.2%

FCLD stock opened at $36.10 on Thursday. Fidelity Cloud Computing ETF has a 52-week low of $26.01 and a 52-week high of $36.51. The stock’s 50 day moving average is $30.84 and its two-hundred day moving average is $29.87. The company has a market capitalization of $117.33 million, a PE ratio of 36.27 and a beta of 1.22.

Institutional Investors Weigh In On Fidelity Cloud Computing ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. TD Waterhouse Canada Inc. purchased a new stake in Fidelity Cloud Computing ETF during the 4th quarter worth approximately $74,000. LPL Financial LLC bought a new stake in shares of Fidelity Cloud Computing ETF in the 4th quarter valued at approximately $282,000. WCG Wealth Advisors LLC increased its holdings in shares of Fidelity Cloud Computing ETF by 26.3% in the 3rd quarter. WCG Wealth Advisors LLC now owns 17,360 shares of the company’s stock valued at $507,000 after acquiring an additional 3,610 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in shares of Fidelity Cloud Computing ETF by 9.6% in the 4th quarter. Kestra Advisory Services LLC now owns 21,799 shares of the company’s stock valued at $648,000 after acquiring an additional 1,918 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Fidelity Cloud Computing ETF by 109.3% in the 1st quarter. Jane Street Group LLC now owns 32,829 shares of the company’s stock valued at $781,000 after acquiring an additional 17,142 shares during 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.