Short Interest in Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Declines By 95.5%

Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 10,847 shares, a decline of 95.5% from the July 15th total of 243,145 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 251,016 shares, the days-to-cover ratio is currently 0.0 days.

Fidelity Fundamental Large Cap Growth ETF Stock Up 1.1%

Shares of BATS FFLG opened at $33.56 on Thursday. The stock’s 50 day moving average price is $33.27 and its two-hundred day moving average price is $31.59. Fidelity Fundamental Large Cap Growth ETF has a 52-week low of $26.40 and a 52-week high of $35.33. The stock has a market capitalization of $558.77 million, a P/E ratio of 34.87 and a beta of 1.27.

Institutional Investors Weigh In On Fidelity Fundamental Large Cap Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC boosted its holdings in Fidelity Fundamental Large Cap Growth ETF by 10.8% in the first quarter. Kestra Advisory Services LLC now owns 1,869,844 shares of the company’s stock worth $52,000,000 after purchasing an additional 182,346 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of Fidelity Fundamental Large Cap Growth ETF during the third quarter worth $909,000. LPL Financial LLC raised its holdings in shares of Fidelity Fundamental Large Cap Growth ETF by 12.1% during the fourth quarter. LPL Financial LLC now owns 208,504 shares of the company’s stock worth $6,243,000 after purchasing an additional 22,499 shares during the period. Raymond James Financial Inc. lifted its position in shares of Fidelity Fundamental Large Cap Growth ETF by 241.8% in the 3rd quarter. Raymond James Financial Inc. now owns 28,216 shares of the company’s stock worth $832,000 after buying an additional 19,960 shares during the last quarter. Finally, Empire Life Investments Inc. lifted its position in shares of Fidelity Fundamental Large Cap Growth ETF by 46.1% in the 4th quarter. Empire Life Investments Inc. now owns 39,910 shares of the company’s stock worth $1,195,000 after buying an additional 12,600 shares during the last quarter.

Fidelity Fundamental Large Cap Growth ETF Company Profile

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.