Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Short Interest Down 94.1% in April

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 2,017 shares, a decrease of 94.1% from the April 15th total of 34,445 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 170,164 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Fidelity Low Duration Bond Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. GHP Investment Advisors Inc. acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the first quarter worth about $25,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the second quarter worth about $25,000. Fifth Third Bancorp acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the first quarter worth about $33,000. Basepoint Wealth LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the first quarter worth about $59,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF during the fourth quarter worth about $88,000.

Fidelity Low Duration Bond Factor ETF Stock Performance

Shares of Fidelity Low Duration Bond Factor ETF stock traded down $0.01 on Monday, reaching $50.11. 342,078 shares of the company were exchanged, compared to its average volume of 285,042. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.02 and a 1-year high of $50.62. The stock’s 50 day moving average price is $50.17 and its 200-day moving average price is $50.26.

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.