Fidelity High Yield Factor ETF (NYSEARCA:FDHY – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,011 shares, a decrease of 69.1% from the September 15th total of 6,516 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 106,583 shares, the short-interest ratio is currently 0.0 days.
Fidelity High Yield Factor ETF Stock Performance
Shares of NYSEARCA FDHY traded up $0.01 during trading hours on Monday, reaching $47.81. The stock had a trading volume of 42,294 shares, compared to its average volume of 83,356. The business’s fifty day moving average is $48.63 and its two-hundred day moving average is $48.92. Fidelity High Yield Factor ETF has a twelve month low of $47.15 and a twelve month high of $49.70.
Institutional Investors Weigh In On Fidelity High Yield Factor ETF
Several large investors have recently made changes to their positions in the company. Investors Research Corp acquired a new position in Fidelity High Yield Factor ETF in the second quarter valued at about $10,597,000. Strengthening Families & Communities LLC acquired a new stake in shares of Fidelity High Yield Factor ETF during the second quarter worth approximately $7,812,000. Moody National Bank Trust Division acquired a new stake in shares of Fidelity High Yield Factor ETF during the third quarter worth approximately $6,413,000. Geneva Partners LLC acquired a new stake in shares of Fidelity High Yield Factor ETF during the first quarter worth approximately $3,402,000. Finally, Evergreen Private Wealth LLC raised its stake in shares of Fidelity High Yield Factor ETF by 2.5% in the first quarter. Evergreen Private Wealth LLC now owns 54,451 shares of the company’s stock valued at $2,643,000 after acquiring an additional 1,348 shares during the last quarter.
About Fidelity High Yield Factor ETF
The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation. FDHY was launched on Jun 12, 2018 and is managed by Fidelity.
Further Reading
- Five stocks we like better than Fidelity High Yield Factor ETF
- Salesforce Just Got a Rare Double Upgrade—What Changed?
- OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
- China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit
- 3 REITs That May Win in a Higher Interest Rate Environment
Receive News & Ratings for Fidelity High Yield Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity High Yield Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
