Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Short Interest Down 95.1% in July

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 3,565 shares, a decrease of 95.1% from the June 30th total of 72,195 shares. Based on an average daily trading volume, of 322,004 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Fidelity Low Duration Bond Factor ETF Stock Up 0.0%

BATS:FLDR opened at $50.13 on Friday. The company has a 50-day moving average of $50.14 and a 200-day moving average of $50.19. Fidelity Low Duration Bond Factor ETF has a 52 week low of $49.02 and a 52 week high of $50.62.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN boosted its holdings in Fidelity Low Duration Bond Factor ETF by 2.9% during the fourth quarter. Wells Fargo & Company MN now owns 1,023,685 shares of the company’s stock valued at $51,420,000 after purchasing an additional 29,079 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 47.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 644,156 shares of the company’s stock worth $32,356,000 after buying an additional 205,846 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Fidelity Low Duration Bond Factor ETF by 6.8% in the 3rd quarter. Raymond James Financial Inc. now owns 617,681 shares of the company’s stock worth $31,008,000 after buying an additional 39,542 shares in the last quarter. LPL Financial LLC lifted its position in shares of Fidelity Low Duration Bond Factor ETF by 12.4% during the 4th quarter. LPL Financial LLC now owns 533,043 shares of the company’s stock worth $26,775,000 after buying an additional 58,829 shares during the period. Finally, AE Wealth Management LLC lifted its position in shares of Fidelity Low Duration Bond Factor ETF by 17.5% during the 4th quarter. AE Wealth Management LLC now owns 399,536 shares of the company’s stock worth $20,069,000 after buying an additional 59,482 shares during the period.

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.