Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Short Interest Update

Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 4,741 shares, an increase of 42.9% from the December 31st total of 3,317 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 77,984 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 77,984 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Fidelity Low Volatility Factor ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Nvwm LLC increased its stake in Fidelity Low Volatility Factor ETF by 5.9% in the second quarter. Nvwm LLC now owns 19,688 shares of the company’s stock valued at $1,236,000 after acquiring an additional 1,104 shares during the last quarter. Security Financial Services INC. purchased a new position in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter worth about $691,000. Savvy Advisors Inc. bought a new position in shares of Fidelity Low Volatility Factor ETF during the 2nd quarter valued at about $209,000. Cullen Frost Bankers Inc. increased its position in shares of Fidelity Low Volatility Factor ETF by 6.7% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 8,249 shares of the company’s stock valued at $518,000 after purchasing an additional 515 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Fidelity Low Volatility Factor ETF by 49.5% during the 2nd quarter. NewEdge Advisors LLC now owns 176,211 shares of the company’s stock valued at $11,066,000 after buying an additional 58,317 shares in the last quarter.

Fidelity Low Volatility Factor ETF Trading Up 0.9%

Shares of FDLO stock traded up $0.61 during trading on Monday, hitting $68.65. The company’s stock had a trading volume of 90,813 shares, compared to its average volume of 69,920. The company has a market cap of $1.49 billion, a PE ratio of 24.34 and a beta of 0.80. The business has a fifty day moving average of $67.35 and a 200-day moving average of $65.85. Fidelity Low Volatility Factor ETF has a 52 week low of $53.59 and a 52 week high of $68.69.

About Fidelity Low Volatility Factor ETF

The Fidelity Low Volatility Factor ETF (FDLO) is an exchange-traded fund that is based on the Fidelity U.S. Low Volatility Factor index. The fund tracks an index of large- and mid-cap US stocks selected for low volatility of returns and earnings. FDLO was launched on Sep 12, 2016 and is managed by Fidelity.