Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Short Interest Update

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 97,815 shares, an increase of 4,671.5% from the July 30th total of 2,050 shares. Based on an average daily volume of 90,915 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.6% of the shares of the stock are sold short.

Institutional Investors Weigh In On Fidelity Fundamental Large Cap Core ETF

Hedge funds have recently bought and sold shares of the stock. Sunbelt Securities Inc. bought a new position in Fidelity Fundamental Large Cap Core ETF in the third quarter valued at $26,000. Financial Freedom LLC purchased a new stake in Fidelity Fundamental Large Cap Core ETF in the first quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Fidelity Fundamental Large Cap Core ETF in the third quarter worth approximately $29,000. Steward Partners Investment Advisory LLC grew its position in Fidelity Fundamental Large Cap Core ETF by 380.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 625 shares of the company’s stock valued at $33,000 after acquiring an additional 495 shares during the last quarter. Finally, Coston McIsaac & Partners grew its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 42.1% during the 1st quarter. Coston McIsaac & Partners now owns 668 shares of the company’s stock valued at $34,000 after purchasing an additional 198 shares during the last quarter.

Fidelity Fundamental Large Cap Core ETF Stock Performance

BATS FFLC traded up $0.26 on Tuesday, hitting $59.89. The stock had a trading volume of 56,553 shares, compared to its average volume of 96,269. Fidelity Fundamental Large Cap Core ETF has a 52-week low of $49.40 and a 52-week high of $61.14. The company has a market capitalization of $946.26 million, a price-to-earnings ratio of 24.24 and a beta of 0.94. The firm has a 50-day moving average of $59.17 and a 200-day moving average of $56.66.

Fidelity Fundamental Large Cap Core ETF Company Profile

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.