Short Interest in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Drops By 95.9%

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 2,050 shares, a decline of 95.9% from the July 15th total of 50,253 shares. Based on an average daily trading volume, of 98,723 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FFLC. Commonwealth Equity Services LLC boosted its holdings in Fidelity Fundamental Large Cap Core ETF by 10.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,338,379 shares of the company’s stock worth $71,416,000 after purchasing an additional 125,961 shares during the last quarter. LPL Financial LLC grew its position in Fidelity Fundamental Large Cap Core ETF by 11.1% in the 4th quarter. LPL Financial LLC now owns 1,016,452 shares of the company’s stock worth $54,238,000 after purchasing an additional 101,584 shares during the period. Mariner LLC grew its position in Fidelity Fundamental Large Cap Core ETF by 2.2% in the 4th quarter. Mariner LLC now owns 997,832 shares of the company’s stock worth $53,244,000 after purchasing an additional 21,699 shares during the period. Kestra Advisory Services LLC raised its stake in Fidelity Fundamental Large Cap Core ETF by 12.9% during the 1st quarter. Kestra Advisory Services LLC now owns 328,857 shares of the company’s stock valued at $16,865,000 after buying an additional 37,670 shares during the last quarter. Finally, Dahring Cusmano LLC raised its stake in Fidelity Fundamental Large Cap Core ETF by 6.1% during the 4th quarter. Dahring Cusmano LLC now owns 314,608 shares of the company’s stock valued at $16,787,000 after buying an additional 17,980 shares during the last quarter.

Fidelity Fundamental Large Cap Core ETF Stock Down 0.2%

FFLC traded down $0.11 during midday trading on Tuesday, hitting $60.24. 89,346 shares of the company traded hands, compared to its average volume of 98,206. The company’s 50-day moving average is $58.80 and its 200 day moving average is $56.31. The firm has a market capitalization of $951.79 million, a PE ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 52 week low of $49.40 and a 52 week high of $61.14.

Fidelity Fundamental Large Cap Core ETF Company Profile

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.