Short Interest in Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Drops By 57.3%

Fidelity Low Duration Bond Factor ETF (BATS:FLDRGet Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 16,940 shares, a drop of 57.3% from the May 31st total of 39,706 shares. Based on an average daily trading volume, of 221,995 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Fidelity Low Duration Bond Factor ETF

A number of large investors have recently modified their holdings of FLDR. GHP Investment Advisors Inc. bought a new position in shares of Fidelity Low Duration Bond Factor ETF in the first quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. bought a new stake in Fidelity Low Duration Bond Factor ETF during the second quarter valued at approximately $25,000. Fifth Third Bancorp bought a new stake in Fidelity Low Duration Bond Factor ETF during the first quarter valued at approximately $33,000. Basepoint Wealth LLC purchased a new position in Fidelity Low Duration Bond Factor ETF in the 1st quarter worth approximately $59,000. Finally, Elevated Capital Advisors LLC purchased a new position in Fidelity Low Duration Bond Factor ETF in the 4th quarter worth approximately $88,000.

Fidelity Low Duration Bond Factor ETF Price Performance

BATS:FLDR opened at $50.11 on Wednesday. Fidelity Low Duration Bond Factor ETF has a 52-week low of $49.02 and a 52-week high of $50.62. The stock has a fifty day moving average of $50.15 and a 200 day moving average of $50.21.

About Fidelity Low Duration Bond Factor ETF

(Get Free Report)

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.

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