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

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 13,183 shares, an increase of 269.8% from the July 15th total of 3,565 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 202,531 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Fidelity Low Duration Bond Factor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. lifted its stake in Fidelity Low Duration Bond Factor ETF by 2,486.6% during the second quarter. Raymond James Financial Inc. now owns 578,139 shares of the company’s stock valued at $28,947,000 after purchasing an additional 555,788 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in Fidelity Low Duration Bond Factor ETF in the fourth quarter worth approximately $13,677,000. Financially Speaking Inc grew its position in Fidelity Low Duration Bond Factor ETF by 223.8% in the fourth quarter. Financially Speaking Inc now owns 349,000 shares of the company’s stock worth $17,530,000 after buying an additional 241,216 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity Low Duration Bond Factor ETF by 47.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 644,156 shares of the company’s stock valued at $32,356,000 after buying an additional 205,846 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Fidelity Low Duration Bond Factor ETF by 400.1% in the second quarter. Jane Street Group LLC now owns 194,017 shares of the company’s stock valued at $9,714,000 after buying an additional 155,224 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Trading Up 0.0%

Shares of Fidelity Low Duration Bond Factor ETF stock opened at $50.08 on Friday. Fidelity Low Duration Bond Factor ETF has a 52 week low of $49.02 and a 52 week high of $50.62. The company’s 50-day moving average price is $50.13 and its two-hundred day moving average price is $50.17.

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.