Fidelity Corporate Bond ETF (NYSEARCA:FCOR) Short Interest Update

Fidelity Corporate Bond ETF (NYSEARCA:FCOR) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 5,472 shares, an increase of 113.7% from the June 30th total of 2,561 shares. Based on an average daily volume of 46,186 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers raised its holdings in shares of Fidelity Corporate Bond ETF by 693.4% in the 4th quarter. Cetera Investment Advisers now owns 204,731 shares of the company’s stock worth $9,792,000 after acquiring an additional 178,926 shares during the last quarter. Kestra Advisory Services LLC raised its stake in shares of Fidelity Corporate Bond ETF by 48.4% in the first quarter. Kestra Advisory Services LLC now owns 357,600 shares of the company’s stock worth $16,854,000 after purchasing an additional 116,695 shares during the last quarter. Jaffetilchin Investment Partners LLC raised its stake in shares of Fidelity Corporate Bond ETF by 99.6% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 117,716 shares of the company’s stock worth $5,630,000 after purchasing an additional 58,744 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Fidelity Corporate Bond ETF in the second quarter valued at approximately $2,252,000. Finally, Arwa LLC bought a new position in shares of Fidelity Corporate Bond ETF in the fourth quarter valued at approximately $1,689,000.

Fidelity Corporate Bond ETF Stock Performance

NYSEARCA FCOR traded up $0.18 during mid-day trading on Tuesday, hitting $46.58. The company’s stock had a trading volume of 15,385 shares, compared to its average volume of 38,957. The company’s 50 day simple moving average is $47.02 and its 200 day simple moving average is $47.43. Fidelity Corporate Bond ETF has a twelve month low of $46.23 and a twelve month high of $48.79.

Fidelity Corporate Bond ETF Company Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.