Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Short Interest Down 47.2% in May

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 39,706 shares, a decrease of 47.2% from the May 14th total of 75,223 shares. Based on an average daily trading volume, of 265,547 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of Fidelity Low Duration Bond Factor ETF

A number of large investors have recently made changes to their positions in the company. Anson Capital Inc. increased its position in shares of Fidelity Low Duration Bond Factor ETF by 1.9% in the 4th quarter. Anson Capital Inc. now owns 11,228 shares of the company’s stock valued at $564,000 after buying an additional 207 shares in the last quarter. Sugar Maple Asset Management LLC boosted its stake in Fidelity Low Duration Bond Factor ETF by 2.8% in the 2nd quarter. Sugar Maple Asset Management LLC now owns 8,661 shares of the company’s stock worth $434,000 after purchasing an additional 232 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Fidelity Low Duration Bond Factor ETF by 61.0% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 808 shares of the company’s stock worth $41,000 after purchasing an additional 306 shares during the period. Virtus Wealth Solutions LLC boosted its stake in Fidelity Low Duration Bond Factor ETF by 2.8% in the 4th quarter. Virtus Wealth Solutions LLC now owns 13,173 shares of the company’s stock worth $662,000 after purchasing an additional 359 shares during the period. Finally, NWF Advisory Services Inc. boosted its stake in Fidelity Low Duration Bond Factor ETF by 0.6% in the 1st quarter. NWF Advisory Services Inc. now owns 71,273 shares of the company’s stock worth $3,567,000 after purchasing an additional 392 shares during the period.

Fidelity Low Duration Bond Factor ETF Stock Performance

FLDR opened at $50.17 on Friday. Fidelity Low Duration Bond Factor ETF has a 12 month low of $49.02 and a 12 month high of $50.62. The company has a fifty day simple moving average of $50.13 and a 200 day simple moving average of $50.22.

Fidelity Low Duration Bond Factor ETF Company Profile

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.