Short Interest in Fidelity Cloud Computing ETF (BATS:FCLD) Increases By 491.4%

Fidelity Cloud Computing ETF (BATS:FCLD) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 3,389 shares, an increase of 491.4% from the April 30th total of 573 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 19,505 shares, the short-interest ratio is currently 0.2 days.

Fidelity Cloud Computing ETF Trading Up 3.2%

Shares of BATS FCLD traded up $1.19 during midday trading on Friday, reaching $38.24. 14,221 shares of the stock were exchanged, compared to its average volume of 17,998. The company has a market capitalization of $124.28 million, a P/E ratio of 36.27 and a beta of 1.22. Fidelity Cloud Computing ETF has a 52-week low of $26.01 and a 52-week high of $38.27. The stock has a 50 day moving average price of $31.01 and a 200-day moving average price of $29.91.

Institutional Trading of Fidelity Cloud Computing ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. TD Waterhouse Canada Inc. purchased a new position in shares of Fidelity Cloud Computing ETF during the 4th quarter worth $74,000. LPL Financial LLC acquired a new position in Fidelity Cloud Computing ETF in the fourth quarter valued at $282,000. WCG Wealth Advisors LLC increased its stake in Fidelity Cloud Computing ETF by 26.3% in the third quarter. WCG Wealth Advisors LLC now owns 17,360 shares of the company’s stock valued at $507,000 after purchasing an additional 3,610 shares during the last quarter. Kestra Advisory Services LLC lifted its position in Fidelity Cloud Computing ETF by 9.6% during the fourth quarter. Kestra Advisory Services LLC now owns 21,799 shares of the company’s stock worth $648,000 after buying an additional 1,918 shares during the period. Finally, Jane Street Group LLC lifted its position in Fidelity Cloud Computing ETF by 109.3% during the first quarter. Jane Street Group LLC now owns 32,829 shares of the company’s stock worth $781,000 after buying an additional 17,142 shares during the period.

Fidelity Cloud Computing ETF Company Profile

The Fidelity Cloud Computing ETF (FCLD) is an exchange-traded fund that is based on the Fidelity Cloud Computing index, a market-cap-weighted index of global companies that provide products and\u002For services enabling increased usage of cloud computing. FCLD was launched on Oct 5, 2021 and is managed by Fidelity.