Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Short Interest Update

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 2,017 shares, a decline of 94.1% from the April 15th total of 34,445 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 170,164 shares, the days-to-cover ratio is currently 0.0 days.

Fidelity Low Duration Bond Factor ETF Price Performance

FLDR stock traded down $0.01 during trading on Wednesday, hitting $50.12. The company had a trading volume of 698,149 shares, compared to its average volume of 307,306. The company has a fifty day moving average price of $50.16 and a two-hundred day moving average price of $50.25. 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 Trading of Fidelity Low Duration Bond Factor ETF

Several institutional investors have recently bought and sold shares of FLDR. Anson Capital Inc. boosted its stake in Fidelity Low Duration Bond Factor ETF by 1.9% in 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 in the last quarter. Sugar Maple Asset Management LLC lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 2.8% during the second quarter. Sugar Maple Asset Management LLC now owns 8,661 shares of the company’s stock valued at $434,000 after acquiring an additional 232 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 61.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 808 shares of the company’s stock valued at $41,000 after acquiring an additional 306 shares during the period. Virtus Wealth Solutions LLC lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 2.8% during the fourth quarter. Virtus Wealth Solutions LLC now owns 13,173 shares of the company’s stock valued at $662,000 after acquiring an additional 359 shares during the period. Finally, NWF Advisory Services Inc. lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 0.6% during the first quarter. NWF Advisory Services Inc. now owns 71,273 shares of the company’s stock valued at $3,567,000 after acquiring an additional 392 shares during the period.

About Fidelity Low Duration Bond Factor ETF

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.