Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Short Interest Down 56.1% in June

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

Institutional Trading of Fidelity Fundamental Large Cap Growth ETF

A number of hedge funds have recently added to or reduced their stakes in FFLG. Raymond James Financial Inc. purchased a new stake in Fidelity Fundamental Large Cap Growth ETF in the 2nd quarter valued at about $219,000. Benjamin Edwards Inc. lifted its holdings in shares of Fidelity Fundamental Large Cap Growth ETF by 2.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 19,518 shares of the company’s stock worth $519,000 after acquiring an additional 546 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Fidelity Fundamental Large Cap Growth ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 83,383 shares of the company’s stock worth $2,458,000 after acquiring an additional 2,001 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Fidelity Fundamental Large Cap Growth ETF in the third quarter worth approximately $909,000. Finally, Marshall Investment Management LLC grew its holdings in Fidelity Fundamental Large Cap Growth ETF by 1,747.5% in the third quarter. Marshall Investment Management LLC now owns 306,139 shares of the company’s stock valued at $9,025,000 after purchasing an additional 289,569 shares during the period.

Fidelity Fundamental Large Cap Growth ETF Stock Down 2.4%

Shares of BATS:FFLG opened at $33.10 on Tuesday. The company has a market cap of $551.12 million, a P/E ratio of 34.87 and a beta of 1.27. Fidelity Fundamental Large Cap Growth ETF has a 52 week low of $26.40 and a 52 week high of $35.33. The business has a fifty day simple moving average of $33.89 and a 200-day simple moving average of $31.20.

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.