Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Short Interest Update

Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 39,927 shares, a drop of 56.1% from the June 15th total of 90,948 shares. Based on an average daily trading volume, of 82,572 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Fidelity Fundamental Large Cap Growth ETF Price Performance

Shares of BATS FFLG opened at $33.56 on Thursday. The company has a market capitalization of $558.77 million, a price-to-earnings ratio of 34.87 and a beta of 1.27. The business has a 50-day moving average of $33.91 and a two-hundred day moving average of $31.25. Fidelity Fundamental Large Cap Growth ETF has a 1 year low of $26.40 and a 1 year high of $35.33.

Institutional Investors Weigh In On Fidelity Fundamental Large Cap Growth ETF

Several institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its stake in Fidelity Fundamental Large Cap Growth ETF by 4,717.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,975 shares of the company’s stock valued at $59,000 after purchasing an additional 1,934 shares during the last quarter. MWA Asset Management purchased a new stake in shares of Fidelity Fundamental Large Cap Growth ETF during the 1st quarter worth approximately $78,000. Bank of Montreal Can purchased a new stake in shares of Fidelity Fundamental Large Cap Growth ETF during the 4th quarter worth approximately $115,000. Ausdal Financial Partners Inc. acquired a new position in shares of Fidelity Fundamental Large Cap Growth ETF in the 4th quarter valued at $203,000. Finally, High Point Wealth Management LLC acquired a new position in shares of Fidelity Fundamental Large Cap Growth ETF in the 4th quarter valued at $210,000.

About Fidelity Fundamental Large Cap Growth ETF

The Fidelity Fundamental Large Cap Growth ETF (FFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from US and foreign issuers. Stocks are selected based on fundamental factors FFLG was launched on Feb 2, 2021 and is issued by Fidelity.