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

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 72,195 shares, an increase of 326.2% from the June 15th total of 16,940 shares. Based on an average daily trading volume, of 793,432 shares, the short-interest ratio is presently 0.1 days. Currently, 0.4% of the company’s stock are short sold.

Fidelity Low Duration Bond Factor ETF Stock Down 0.1%

Shares of BATS:FLDR opened at $50.12 on Tuesday. The business has a 50-day moving average of $50.14 and a two-hundred day moving average of $50.20. Fidelity Low Duration Bond Factor ETF has a fifty-two week low of $49.02 and a fifty-two week high of $50.62.

Institutional Investors Weigh In On Fidelity Low Duration Bond Factor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in FLDR. Anson Capital Inc. boosted its position in Fidelity Low Duration Bond Factor ETF by 1.9% during the fourth quarter. Anson Capital Inc. now owns 11,228 shares of the company’s stock worth $564,000 after purchasing an additional 207 shares during the period. Sugar Maple Asset Management LLC lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 2.8% in the second quarter. Sugar Maple Asset Management LLC now owns 8,661 shares of the company’s stock worth $434,000 after buying an additional 232 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 61.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 808 shares of the company’s stock worth $41,000 after buying an additional 306 shares during the last quarter. Virtus Wealth Solutions LLC boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 2.8% during the 4th quarter. Virtus Wealth Solutions LLC now owns 13,173 shares of the company’s stock worth $662,000 after buying an additional 359 shares during the period. Finally, NWF Advisory Services Inc. boosted its holdings in shares of Fidelity Low Duration Bond Factor ETF by 0.6% during the 1st quarter. NWF Advisory Services Inc. now owns 71,273 shares of the company’s stock worth $3,567,000 after buying an additional 392 shares during the period.

Fidelity Low Duration Bond Factor ETF Company Profile

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.