Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Short Interest Up 61.4% in December

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 15,900 shares, a growth of 61.4% from the November 30th total of 9,850 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 79,842 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 79,842 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s shares are sold short.

Fidelity Investment Grade Bond ETF Stock Down 0.4%

Shares of NYSEARCA:FIGB traded down $0.19 on Tuesday, hitting $43.53. 41,377 shares of the company’s stock were exchanged, compared to its average volume of 44,390. Fidelity Investment Grade Bond ETF has a 12 month low of $41.59 and a 12 month high of $44.20. The business’s 50 day simple moving average is $43.66 and its two-hundred day simple moving average is $43.38.

Institutional Investors Weigh In On Fidelity Investment Grade Bond ETF

Several large investors have recently added to or reduced their stakes in FIGB. Jane Street Group LLC increased its position in shares of Fidelity Investment Grade Bond ETF by 121.1% during the first quarter. Jane Street Group LLC now owns 33,656 shares of the company’s stock worth $1,447,000 after acquiring an additional 18,436 shares during the period. Sound Income Strategies LLC bought a new position in Fidelity Investment Grade Bond ETF in the second quarter worth approximately $92,000. Ameriflex Group Inc. increased its holdings in Fidelity Investment Grade Bond ETF by 19.4% during the 2nd quarter. Ameriflex Group Inc. now owns 5,408 shares of the company’s stock worth $233,000 after purchasing an additional 880 shares during the period. Virtus Wealth Solutions LLC increased its holdings in Fidelity Investment Grade Bond ETF by 158.2% during the 2nd quarter. Virtus Wealth Solutions LLC now owns 13,218 shares of the company’s stock worth $571,000 after purchasing an additional 8,098 shares during the period. Finally, IFP Advisors Inc increased its holdings in Fidelity Investment Grade Bond ETF by 280.4% during the 2nd quarter. IFP Advisors Inc now owns 12,610 shares of the company’s stock worth $545,000 after purchasing an additional 9,295 shares during the period.

About Fidelity Investment Grade Bond ETF

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.