Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Short Interest Down 37.1% in October

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 23,600 shares, a decline of 37.1% from the September 30th total of 37,500 shares. Based on an average daily volume of 45,500 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 45,500 shares, the short-interest ratio is currently 0.5 days.

Fidelity Investment Grade Bond ETF Stock Down 0.2%

Shares of FIGB traded down $0.08 during mid-day trading on Monday, hitting $43.55. The company’s stock had a trading volume of 79,363 shares, compared to its average volume of 39,830. Fidelity Investment Grade Bond ETF has a 1-year low of $41.59 and a 1-year high of $44.20. The firm has a 50-day simple moving average of $43.65 and a 200 day simple moving average of $43.10.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FIGB. Anson Capital Inc. boosted its position in shares of Fidelity Investment Grade Bond ETF by 4.8% during the 2nd quarter. Anson Capital Inc. now owns 189,493 shares of the company’s stock worth $8,188,000 after purchasing an additional 8,715 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Fidelity Investment Grade Bond ETF by 8.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 113,321 shares of the company’s stock worth $4,938,000 after buying an additional 8,711 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in Fidelity Investment Grade Bond ETF by 195.5% during the second quarter. Osaic Holdings Inc. now owns 70,192 shares of the company’s stock worth $3,033,000 after buying an additional 46,442 shares in the last quarter. Flow Traders U.S. LLC grew its position in Fidelity Investment Grade Bond ETF by 23.6% during the second quarter. Flow Traders U.S. LLC now owns 44,286 shares of the company’s stock worth $1,914,000 after buying an additional 8,452 shares during the period. Finally, Jane Street Group LLC increased its holdings in Fidelity Investment Grade Bond ETF by 121.1% in the first quarter. Jane Street Group LLC now owns 33,656 shares of the company’s stock valued at $1,447,000 after buying an additional 18,436 shares in the last quarter.

Fidelity Investment Grade Bond ETF Company Profile

The Fidelity Investment Grade Bond ETF (FIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in investment grade debt securities of any maturity, globally. FIGB was launched on Mar 2, 2021 and is managed by Fidelity.