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 the month of June. As of June 15th, there was short interest totaling 90,948 shares, a drop of 43.2% from the May 31st total of 160,038 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 104,816 shares, the short-interest ratio is presently 0.9 days.

Fidelity Fundamental Large Cap Growth ETF Trading Up 1.9%

BATS:FFLG opened at $34.68 on Wednesday. The stock has a market cap of $577.42 million, a P/E ratio of 34.87 and a beta of 1.27. The stock has a 50 day simple moving average of $33.62 and a 200 day simple moving average of $30.96. Fidelity Fundamental Large Cap Growth ETF has a 1-year low of $26.21 and a 1-year high of $35.33.

Institutional Inflows and Outflows

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

Fidelity Fundamental Large Cap Growth ETF Company Profile

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.