Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Shares Shorted: Short Interest Up 718.1% in September

Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 90,338 shares, an increase of 718.1% from the September 15th total of 11,043 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 55,546 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Investors Weigh In On Fidelity Fundamental Large Cap Growth ETF

A number of institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC lifted its stake in Fidelity Fundamental Large Cap Growth ETF by 10.8% during the first quarter. Kestra Advisory Services LLC now owns 1,869,844 shares of the company’s stock worth $52,000,000 after purchasing an additional 182,346 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Fidelity Fundamental Large Cap Growth ETF in the second quarter worth $1,479,000. Independent Financial Group LLC acquired a new position in Fidelity Fundamental Large Cap Growth ETF in the first quarter worth $326,000. Investment Advisory Services Inc. TX ADV boosted its holdings in Fidelity Fundamental Large Cap Growth ETF by 3.1% in the first quarter. Investment Advisory Services Inc. TX ADV now owns 261,409 shares of the company’s stock worth $7,270,000 after purchasing an additional 7,793 shares during the period. Finally, Financial Management Network Inc. increased its stake in Fidelity Fundamental Large Cap Growth ETF by 2.4% during the first quarter. Financial Management Network Inc. now owns 287,184 shares of the company’s stock valued at $8,558,000 after purchasing an additional 6,708 shares during the last quarter.

Fidelity Fundamental Large Cap Growth ETF Price Performance

Shares of BATS FFLG opened at $34.56 on Monday. The stock’s 50 day moving average price is $33.54 and its two-hundred day moving average price is $32.84. Fidelity Fundamental Large Cap Growth ETF has a 52-week low of $26.40 and a 52-week high of $35.33. The stock has a market capitalization of $575.42 million, a P/E ratio of 34.87 and a beta of 1.27.

Fidelity Fundamental Large Cap Growth ETF Company Profile

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.