Short Interest in Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) Rises By 1,418.4%

Fidelity Limited Term Bond ETF (NYSEARCA:FLTBGet Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 25,585 shares, an increase of 1,418.4% from the August 15th total of 1,685 shares. Based on an average trading volume of 79,271 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

Fidelity Limited Term Bond ETF Stock Performance

Shares of Fidelity Limited Term Bond ETF stock opened at $49.55 on Friday. The stock has a market capitalization of $411.27 million, a P/E ratio of 31.36 and a beta of 0.11. Fidelity Limited Term Bond ETF has a 52-week low of $49.42 and a 52-week high of $51.15. The stock’s 50-day simple moving average is $49.99 and its 200 day simple moving average is $50.23.

Institutional Trading of Fidelity Limited Term Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Garton & Associates Financial Advisors LLC bought a new position in Fidelity Limited Term Bond ETF in the 4th quarter worth approximately $40,000. Root Financial Partners LLC bought a new stake in Fidelity Limited Term Bond ETF during the 1st quarter valued at $68,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Fidelity Limited Term Bond ETF during the second quarter worth $74,000. Rockefeller Capital Management L.P. lifted its position in shares of Fidelity Limited Term Bond ETF by 50.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,571 shares of the company’s stock worth $80,000 after acquiring an additional 525 shares in the last quarter. Finally, Comerica Bank purchased a new stake in shares of Fidelity Limited Term Bond ETF during the fourth quarter worth $101,000. Institutional investors own 2.01% of the company’s stock.

Fidelity Limited Term Bond ETF Company Profile

(Get Free Report)

The Fidelity Limited Term Bond ETF (FLTB) is an exchange-traded fund that is based on the Fidelity Limited Term Composite index. The fund is an actively managed, broad-based bond fund with a primary focus on investment-grade credits and a targeted average maturity between two and five years. FLTB was launched on Oct 6, 2014 and is managed by Fidelity.

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