Short Interest in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Declines By 97.6%

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 2,374 shares, a decrease of 97.6% from the August 15th total of 97,815 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 73,960 shares, the days-to-cover ratio is currently 0.0 days.

Fidelity Fundamental Large Cap Core ETF Stock Performance

Shares of FFLC stock traded down $0.48 during trading hours on Thursday, hitting $59.24. 144,001 shares of the company were exchanged, compared to its average volume of 95,438. The stock has a market capitalization of $935.99 million, a price-to-earnings ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a one year low of $49.40 and a one year high of $61.14. The business’s 50-day simple moving average is $59.49 and its two-hundred day simple moving average is $57.12.

Institutional Trading of Fidelity Fundamental Large Cap Core ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Financial Freedom LLC acquired a new position in shares of Fidelity Fundamental Large Cap Core ETF in the 1st quarter worth approximately $26,000. Sunbelt Securities Inc. bought a new position in Fidelity Fundamental Large Cap Core ETF during the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. bought a new position in Fidelity Fundamental Large Cap Core ETF during the third quarter worth $29,000. Steward Partners Investment Advisory LLC boosted its holdings in Fidelity Fundamental Large Cap Core ETF by 380.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 625 shares of the company’s stock worth $33,000 after purchasing an additional 495 shares during the period. Finally, Coston McIsaac & Partners boosted its holdings in Fidelity Fundamental Large Cap Core ETF by 42.1% in the first quarter. Coston McIsaac & Partners now owns 668 shares of the company’s stock worth $34,000 after purchasing an additional 198 shares during the period.

About Fidelity Fundamental Large Cap Core ETF

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.