Short Interest in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Decreases By 97.6%

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,374 shares, a drop of 97.6% from the August 15th total of 97,815 shares. Based on an average trading volume of 73,960 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Fidelity Fundamental Large Cap Core ETF Stock Performance

Shares of BATS:FFLC traded down $0.48 during midday trading on Thursday, hitting $59.24. 144,001 shares of the company’s stock traded hands, compared to its average volume of 95,438. The firm’s fifty day moving average price is $59.49 and its two-hundred day moving average price is $57.12. Fidelity Fundamental Large Cap Core ETF has a twelve month low of $49.40 and a twelve month high of $61.14. The company has a market cap of $935.99 million, a PE ratio of 24.24 and a beta of 0.94.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth Equity Services LLC grew its holdings in Fidelity Fundamental Large Cap Core ETF by 10.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,338,379 shares of the company’s stock valued at $71,416,000 after purchasing an additional 125,961 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Fidelity Fundamental Large Cap Core ETF by 19,645.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 109,588 shares of the company’s stock worth $5,466,000 after buying an additional 109,033 shares in the last quarter. LPL Financial LLC boosted 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 valued at $54,238,000 after buying an additional 101,584 shares during the last quarter. Jane Street Group LLC boosted its position in Fidelity Fundamental Large Cap Core ETF by 1,395.3% in the 1st quarter. Jane Street Group LLC now owns 108,652 shares of the company’s stock valued at $4,726,000 after buying an additional 101,386 shares during the last quarter. Finally, Envision Financial Transparency LLC purchased a new position in Fidelity Fundamental Large Cap Core ETF in the 1st quarter valued at about $3,262,000.

About Fidelity Fundamental Large Cap Core ETF

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.