Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Short Interest Update

Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 3,317 shares, a decrease of 82.7% from the December 15th total of 19,224 shares. Based on an average daily volume of 75,198 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 75,198 shares, the short-interest ratio is presently 0.0 days.

Fidelity Low Volatility Factor ETF Stock Performance

FDLO stock traded up $0.18 on Monday, hitting $67.96. 81,117 shares of the company’s stock were exchanged, compared to its average volume of 86,672. Fidelity Low Volatility Factor ETF has a 12-month low of $53.59 and a 12-month high of $68.01. The firm has a 50 day moving average price of $66.71 and a two-hundred day moving average price of $65.31. The stock has a market cap of $1.50 billion, a P/E ratio of 24.34 and a beta of 0.80.

Institutional Investors Weigh In On Fidelity Low Volatility Factor ETF

A number of large investors have recently modified their holdings of the business. Royal Bank of Canada raised its position in shares of Fidelity Low Volatility Factor ETF by 104.7% in the 1st quarter. Royal Bank of Canada now owns 109,915 shares of the company’s stock valued at $6,663,000 after purchasing an additional 56,230 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Fidelity Low Volatility Factor ETF by 1,088.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 74,421 shares of the company’s stock valued at $4,511,000 after purchasing an additional 68,157 shares in the last quarter. Empowered Funds LLC acquired a new position in Fidelity Low Volatility Factor ETF during the 1st quarter valued at approximately $523,000. Jane Street Group LLC purchased a new position in shares of Fidelity Low Volatility Factor ETF in the first quarter worth $869,000. Finally, Roxbury Financial LLC lifted its stake in shares of Fidelity Low Volatility Factor ETF by 495.0% during the second quarter. Roxbury Financial LLC now owns 2,124 shares of the company’s stock worth $133,000 after buying an additional 1,767 shares during the period.

About Fidelity Low Volatility Factor ETF

The Fidelity Low Volatility Factor ETF (FDLO) is an exchange-traded fund that is based on the Fidelity U.S. Low Volatility Factor index. The fund tracks an index of large- and mid-cap US stocks selected for low volatility of returns and earnings. FDLO was launched on Sep 12, 2016 and is managed by Fidelity.