Fidelity Stocks For Inflation ETF (BATS:FCPI) Shares Shorted: Short Interest Up 58.0% in September

Fidelity Stocks For Inflation ETF (BATS:FCPI) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 42,458 shares, an increase of 58.0% from the August 31st total of 26,875 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average daily volume of 12,998 shares, the short-interest ratio is presently 3.3 days.

Institutional Trading of Fidelity Stocks For Inflation ETF

Institutional investors have recently bought and sold shares of the business. Global Assets Advisory LLC acquired a new stake in shares of Fidelity Stocks For Inflation ETF in the first quarter valued at approximately $1,747,000. Bank of America Corp DE grew its position in Fidelity Stocks For Inflation ETF by 205.3% during the first quarter. Bank of America Corp DE now owns 46,424 shares of the company’s stock worth $2,282,000 after buying an additional 31,218 shares in the last quarter. Williams & Novak LLC bought a new position in Fidelity Stocks For Inflation ETF during the 2nd quarter worth $219,000. Kestra Advisory Services LLC increased its stake in Fidelity Stocks For Inflation ETF by 67.6% during the 1st quarter. Kestra Advisory Services LLC now owns 5,225 shares of the company’s stock worth $257,000 after acquiring an additional 2,107 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in Fidelity Stocks For Inflation ETF by 41.3% in the 1st quarter. Quantinno Capital Management LP now owns 6,506 shares of the company’s stock valued at $320,000 after acquiring an additional 1,900 shares in the last quarter.

Fidelity Stocks For Inflation ETF Price Performance

FCPI stock opened at $55.97 on Wednesday. The business’s fifty day moving average price is $56.22 and its two-hundred day moving average price is $53.96. Fidelity Stocks For Inflation ETF has a fifty-two week low of $47.70 and a fifty-two week high of $57.46. The stock has a market capitalization of $271.45 million, a price-to-earnings ratio of 18.17 and a beta of 0.91.

About Fidelity Stocks For Inflation ETF

The Fidelity Stocks for Inflation ETF (FCPI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of U.S. large- and mid-cap stocks based on multi-factor criteria with structural tilts towards inflation-sensitive sectors and industries FCPI was launched on Nov 5, 2019 and is managed by Fidelity.