Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Short Interest Update

Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 243,145 shares, an increase of 509.0% from the June 30th total of 39,927 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 91,186 shares, the days-to-cover ratio is presently 2.7 days.

Fidelity Fundamental Large Cap Growth ETF Price Performance

FFLG stock opened at $31.88 on Monday. Fidelity Fundamental Large Cap Growth ETF has a twelve month low of $26.40 and a twelve month high of $35.33. The stock’s 50 day moving average is $33.70 and its 200-day moving average is $31.36. The firm has a market capitalization of $530.80 million, a PE ratio of 34.87 and a beta of 1.27.

Institutional Investors Weigh In On Fidelity Fundamental Large Cap Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FFLG. CLG LLC lifted its stake in Fidelity Fundamental Large Cap Growth ETF by 33.1% during the 1st quarter. CLG LLC now owns 12,162 shares of the company’s stock valued at $338,000 after acquiring an additional 3,027 shares in the last quarter. MWA Asset Management bought a new stake in shares of Fidelity Fundamental Large Cap Growth ETF in the 1st quarter worth $78,000. Independent Financial Group LLC purchased a new stake in shares of Fidelity Fundamental Large Cap Growth ETF in the first quarter valued at about $326,000. Sigma Planning Corp raised its holdings in shares of Fidelity Fundamental Large Cap Growth ETF by 3.7% in the first quarter. Sigma Planning Corp now owns 66,807 shares of the company’s stock valued at $1,858,000 after purchasing an additional 2,370 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in shares of Fidelity Fundamental Large Cap Growth ETF by 10.8% in the first quarter. Kestra Advisory Services LLC now owns 1,869,844 shares of the company’s stock valued at $52,000,000 after purchasing an additional 182,346 shares during the last quarter.

About Fidelity Fundamental Large Cap Growth ETF

The Fidelity Fundamental Large Cap Growth ETF (FFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from US and foreign issuers. Stocks are selected based on fundamental factors FFLG was launched on Feb 2, 2021 and is issued by Fidelity.