Fidelity Corporate Bond ETF (NYSEARCA:FCOR – Get Free Report) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 835 shares, a decrease of 84.7% from the July 30th total of 5,458 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 33,331 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Investors Weigh In On Fidelity Corporate Bond ETF
Hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of Fidelity Corporate Bond ETF by 125.0% in the second quarter. JPMorgan Chase & Co. now owns 24,411 shares of the company’s stock valued at $1,155,000 after acquiring an additional 13,560 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Fidelity Corporate Bond ETF by 2.8% in the 2nd quarter. Raymond James Financial Inc. now owns 94,535 shares of the company’s stock worth $4,472,000 after purchasing an additional 2,554 shares during the period. Jane Street Group LLC bought a new position in shares of Fidelity Corporate Bond ETF during the second quarter valued at approximately $2,252,000. High Falls Advisors Inc bought a new position in Fidelity Corporate Bond ETF in the second quarter worth approximately $280,000. Finally, Private Advisor Group LLC bought a new stake in Fidelity Corporate Bond ETF during the 3rd quarter valued at $276,000.
Fidelity Corporate Bond ETF Trading Down 0.2%
FCOR stock traded down $0.07 during trading on Wednesday, hitting $46.44. The company had a trading volume of 14,961 shares, compared to its average volume of 38,426. Fidelity Corporate Bond ETF has a 52-week low of $46.11 and a 52-week high of $48.79. The company has a 50 day simple moving average of $46.69 and a 200-day simple moving average of $47.20.
Fidelity Corporate Bond ETF Company Profile
The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.
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