Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Stock Short Interest Report for October

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 21,390 shares, a growth of 144.4% from the September 30th total of 8,753 shares. Based on an average trading volume of 133,928 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Fidelity Investment Grade Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FIGB. Latitude Advisors LLC increased its stake in Fidelity Investment Grade Bond ETF by 2.7% during the 3rd quarter. Latitude Advisors LLC now owns 9,583 shares of the company’s stock worth $390,000 after buying an additional 251 shares during the period. Elevation Wealth Management LLC grew its position in shares of Fidelity Investment Grade Bond ETF by 4.9% during the second quarter. Elevation Wealth Management LLC now owns 7,334 shares of the company’s stock worth $315,000 after buying an additional 345 shares in the last quarter. IFP Advisors Inc raised its holdings in Fidelity Investment Grade Bond ETF by 1.2% in the third quarter. IFP Advisors Inc now owns 34,277 shares of the company’s stock valued at $1,395,000 after acquiring an additional 415 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Fidelity Investment Grade Bond ETF by 11.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,826 shares of the company’s stock valued at $196,000 after purchasing an additional 481 shares during the last quarter. Finally, Bill Few Associates Inc. increased its holdings in Fidelity Investment Grade Bond ETF by 2.8% in the second quarter. Bill Few Associates Inc. now owns 33,323 shares of the company’s stock valued at $1,427,000 after buying an additional 893 shares during the last quarter.

Fidelity Investment Grade Bond ETF Stock Up 0.1%

Shares of FIGB traded up $0.04 during mid-day trading on Friday, reaching $41.56. The company had a trading volume of 38,589 shares, compared to its average volume of 96,141. The stock has a 50 day moving average of $41.54 and a two-hundred day moving average of $42.65. Fidelity Investment Grade Bond ETF has a 52-week low of $40.50 and a 52-week high of $44.02.

Fidelity Investment Grade Bond ETF Company Profile

The Fidelity Investment Grade Bond ETF (FIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in investment grade debt securities of any maturity, globally. FIGB was launched on Mar 2, 2021 and is managed by Fidelity.