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

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 42,167 shares, an increase of 203.9% from the August 31st total of 13,875 shares. Based on an average trading volume of 375,564 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are sold short.

Fidelity Low Duration Bond Factor ETF Price Performance

FLDR opened at $49.92 on Friday. The stock has a 50-day moving average price of $50.05 and a 200-day moving average price of $50.11. Fidelity Low Duration Bond Factor ETF has a 1 year low of $49.02 and a 1 year high of $50.62.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Financially Speaking Inc lifted its stake in shares of 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 in the last quarter. Bank of America Corp DE raised its holdings in Fidelity Low Duration Bond Factor ETF by 4.1% in the 1st quarter. Bank of America Corp DE now owns 325,763 shares of the company’s stock worth $16,304,000 after acquiring an additional 12,686 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in Fidelity Low Duration Bond Factor ETF by 22.6% in the 1st quarter. Kestra Advisory Services LLC now owns 302,142 shares of the company’s stock worth $15,122,000 after acquiring an additional 55,742 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Fidelity Low Duration Bond Factor ETF by 9.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 207,532 shares of the company’s stock valued at $10,399,000 after acquiring an additional 18,496 shares in the last quarter. Finally, Koshinski Asset Management Inc. lifted its position in Fidelity Low Duration Bond Factor ETF by 55.5% in the 1st quarter. Koshinski Asset Management Inc. now owns 175,834 shares of the company’s stock valued at $8,800,000 after acquiring an additional 62,784 shares in the last quarter.

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.