Fidelity Tactical Bond ETF (NYSEARCA:FTBD) Stock Short Interest Report for October

Fidelity Tactical Bond ETF (NYSEARCA:FTBD) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 19 shares, a decline of 99.1% from the September 30th total of 2,078 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,480 shares, the short-interest ratio is currently 0.0 days.

Fidelity Tactical Bond ETF Stock Down 0.1%

NYSEARCA:FTBD traded down $0.06 during trading hours on Monday, hitting $47.50. 1,548 shares of the company’s stock traded hands, compared to its average volume of 4,125. The stock’s fifty day moving average price is $47.71 and its two-hundred day moving average price is $48.93. Fidelity Tactical Bond ETF has a twelve month low of $46.58 and a twelve month high of $50.56.

Hedge Funds Weigh In On Fidelity Tactical Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. InTrack Investment Management Inc increased its holdings in shares of Fidelity Tactical Bond ETF by 152.8% in the 2nd quarter. InTrack Investment Management Inc now owns 24,102 shares of the company’s stock valued at $1,188,000 after purchasing an additional 14,569 shares during the period. AdvisorNet Financial Inc purchased a new stake in shares of Fidelity Tactical Bond ETF in the third quarter worth approximately $1,254,000. TD Waterhouse Canada Inc. lifted its position in shares of Fidelity Tactical Bond ETF by 162.5% in the third quarter. TD Waterhouse Canada Inc. now owns 1,874 shares of the company’s stock worth $88,000 after purchasing an additional 1,160 shares in the last quarter. BG Investment Services LLC boosted its holdings in shares of Fidelity Tactical Bond ETF by 44.7% during the third quarter. BG Investment Services LLC now owns 17,212 shares of the company’s stock worth $805,000 after purchasing an additional 5,320 shares during the period. Finally, Brown Lisle Cummings Inc. boosted its holdings in shares of Fidelity Tactical Bond ETF by 44.6% during the third quarter. Brown Lisle Cummings Inc. now owns 4,324 shares of the company’s stock worth $202,000 after purchasing an additional 1,334 shares during the period.

Fidelity Tactical Bond ETF Company Profile

The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.