Fidelity Low Duration Bond Factor ETF (BATS:FLDR) Short Interest Down 94.1% in April

Fidelity Low Duration Bond Factor ETF (BATS:FLDR) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 2,017 shares, a decrease of 94.1% from the April 15th total of 34,445 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 170,164 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Fidelity Low Duration Bond Factor ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLDR. Royal Bank of Canada boosted its holdings in Fidelity Low Duration Bond Factor ETF by 170.5% in the first quarter. Royal Bank of Canada now owns 88,616 shares of the company’s stock valued at $4,441,000 after purchasing an additional 55,851 shares in the last quarter. Jane Street Group LLC boosted its holdings in Fidelity Low Duration Bond Factor ETF by 14.9% in the first quarter. Jane Street Group LLC now owns 38,793 shares of the company’s stock valued at $1,944,000 after purchasing an additional 5,044 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Fidelity Low Duration Bond Factor ETF in the second quarter valued at approximately $25,000. Raymond James Financial Inc. boosted its holdings in Fidelity Low Duration Bond Factor ETF by 2,486.6% in the second quarter. Raymond James Financial Inc. now owns 578,139 shares of the company’s stock valued at $28,947,000 after purchasing an additional 555,788 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Fidelity Low Duration Bond Factor ETF by 7.5% in the second quarter. Bank of America Corp DE now owns 254,599 shares of the company’s stock valued at $12,748,000 after purchasing an additional 17,670 shares in the last quarter.

Fidelity Low Duration Bond Factor ETF Stock Performance

FLDR traded down $0.01 on Monday, reaching $50.11. The company’s stock had a trading volume of 342,078 shares, compared to its average volume of 285,042. The stock has a 50 day moving average of $50.17 and a two-hundred day moving average of $50.26. Fidelity Low Duration Bond Factor ETF has a fifty-two week low of $49.02 and a fifty-two week high of $50.62.

Fidelity Low Duration Bond Factor ETF Company Profile

The Fidelity Low Duration Bond Factor ETF (FLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a modified market-value-weighted index of US investment-grade floating-rate bonds and fixed-rate Treasury notes with a target portfolio duration of less than one year. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.