Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Stock Short Interest Report for October

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 4,358 shares, a drop of 95.5% from the October 15th total of 97,319 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 423,315 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Fidelity Low Duration Bond Factor ETF

A number of institutional investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC bought a new position in shares of Fidelity Low Duration Bond Factor ETF in the third quarter worth approximately $33,433,000. Kestra Advisory Services LLC lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 29.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 527,890 shares of the company’s stock valued at $26,264,000 after buying an additional 121,542 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 4.1% during the 1st quarter. Bank of America Corp DE now owns 325,763 shares of the company’s stock valued at $16,304,000 after buying an additional 12,686 shares in the last quarter. Wealth Management Resources Inc. purchased a new position in shares of Fidelity Low Duration Bond Factor ETF during the 3rd quarter valued at $15,891,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Fidelity Low Duration Bond Factor ETF by 9.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 207,532 shares of the company’s stock worth $10,399,000 after buying an additional 18,496 shares during the period.

Fidelity Low Duration Bond Factor ETF Price Performance

FLDR traded down $0.04 during midday trading on Tuesday, hitting $49.92. 111,950 shares of the company traded hands, compared to its average volume of 328,983. The company’s 50-day moving average is $49.93 and its 200 day moving average is $50.11. Fidelity Low Duration Bond Factor ETF has a 52 week low of $49.02 and a 52 week high of $50.46.

About Fidelity Low Duration Bond Factor ETF

The Fidelity Low Duration Bond Factor ETF (FLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a modified market-value-weighted index of US investment-grade floating-rate bonds and fixed-rate Treasury notes with a target portfolio duration of less than one year. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.