Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Stock Short Interest Climbs 146.7%

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 136,411 shares, a growth of 146.7% from the September 15th total of 55,288 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 64,563 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC grew its stake in Fidelity Fundamental Large Cap Core ETF by 30.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 166,994 shares of the company’s stock valued at $8,564,000 after purchasing an additional 39,242 shares during the last quarter. Tactive Advisors LLC increased its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 17.9% in the second quarter. Tactive Advisors LLC now owns 280,301 shares of the company’s stock valued at $16,513,000 after purchasing an additional 42,651 shares during the period. Triad Wealth Partners LLC increased its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 135.5% in the first quarter. Triad Wealth Partners LLC now owns 14,999 shares of the company’s stock valued at $769,000 after purchasing an additional 8,629 shares during the period. Envision Financial Transparency LLC acquired a new position in shares of Fidelity Fundamental Large Cap Core ETF in the first quarter valued at about $3,262,000. Finally, Private Advisor Group LLC purchased a new position in shares of Fidelity Fundamental Large Cap Core ETF in the first quarter worth about $585,000.

Fidelity Fundamental Large Cap Core ETF Stock Down 1.3%

FFLC stock opened at $59.06 on Thursday. The firm has a 50 day moving average of $59.79 and a 200 day moving average of $58.26. The stock has a market capitalization of $933.15 million, a PE ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 52 week low of $49.40 and a 52 week high of $61.14.

About Fidelity Fundamental Large Cap Core ETF

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.