Short Interest in Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Increases By 342.6%

Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 48,007 shares, an increase of 342.6% from the July 30th total of 10,847 shares. Based on an average trading volume of 88,961 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

Fidelity Fundamental Large Cap Growth ETF Stock Up 1.5%

Shares of FFLG traded up $0.49 during trading hours on Thursday, reaching $33.38. The company’s stock had a trading volume of 19,645 shares, compared to its average volume of 101,740. The firm has a market cap of $555.78 million, a price-to-earnings ratio of 34.87 and a beta of 1.27. Fidelity Fundamental Large Cap Growth ETF has a 1-year low of $26.40 and a 1-year high of $35.33. The company has a 50 day moving average of $33.15 and a two-hundred day moving average of $31.81.

Institutional Investors Weigh In On Fidelity Fundamental Large Cap Growth ETF

A number of institutional investors have recently added to or reduced their stakes in FFLG. J.W. Cole Advisors Inc. raised its stake in shares of Fidelity Fundamental Large Cap Growth ETF by 2.6% in the fourth quarter. J.W. Cole Advisors Inc. now owns 14,910 shares of the company’s stock valued at $446,000 after acquiring an additional 381 shares during the last quarter. Benjamin Edwards Inc. grew its position in Fidelity Fundamental Large Cap Growth ETF by 2.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 19,518 shares of the company’s stock worth $519,000 after acquiring an additional 546 shares during the last quarter. Costello Asset Management INC grew its position in Fidelity Fundamental Large Cap Growth ETF by 4.6% during the 4th quarter. Costello Asset Management INC now owns 20,543 shares of the company’s stock worth $615,000 after acquiring an additional 900 shares during the last quarter. PKS Advisory Services LLC increased its holdings in Fidelity Fundamental Large Cap Growth ETF by 9.0% during the 4th quarter. PKS Advisory Services LLC now owns 13,199 shares of the company’s stock valued at $395,000 after purchasing an additional 1,086 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in Fidelity Fundamental Large Cap Growth ETF by 10.4% during the 1st quarter. Private Advisor Group LLC now owns 16,780 shares of the company’s stock valued at $467,000 after purchasing an additional 1,580 shares in the last quarter.

About Fidelity Fundamental Large Cap Growth ETF

The Fidelity Fundamental Large Cap Growth ETF (FFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from US and foreign issuers. Stocks are selected based on fundamental factors FFLG was launched on Feb 2, 2021 and is issued by Fidelity.