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

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 75,223 shares, a growth of 3,629.4% from the April 30th total of 2,017 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 647,768 shares, the short-interest ratio is presently 0.1 days.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of FLDR opened at $50.20 on Thursday. The firm has a fifty day simple moving average of $50.14 and a 200 day simple moving average of $50.24. Fidelity Low Duration Bond Factor ETF has a 12 month low of $49.02 and a 12 month high of $50.62.

Institutional Trading of Fidelity Low Duration Bond Factor ETF

A number of large investors have recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. acquired a new stake in Fidelity Low Duration Bond Factor ETF in the 1st quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. bought a new stake in Fidelity Low Duration Bond Factor ETF in the 2nd quarter valued at about $25,000. Fifth Third Bancorp bought a new stake in shares of Fidelity Low Duration Bond Factor ETF during the 1st quarter valued at $33,000. Basepoint Wealth LLC acquired a new stake in Fidelity Low Duration Bond Factor ETF during the first quarter worth about $59,000. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at $88,000.

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.