Fidelity Fundamental Large Cap Value ETF (BATS:FFLV) Sees Large Decrease in Short Interest

Fidelity Fundamental Large Cap Value ETF (BATS:FFLV) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 3,138 shares, a drop of 44.4% from the September 15th total of 5,648 shares. Based on an average trading volume of 3,341 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the company’s stock are sold short.

Fidelity Fundamental Large Cap Value ETF Trading Up 1.0%

BATS FFLV opened at $28.51 on Friday. The company has a market cap of $13.54 million, a P/E ratio of 16.54 and a beta of 0.60. The company has a fifty day simple moving average of $28.58 and a 200 day simple moving average of $27.62. Fidelity Fundamental Large Cap Value ETF has a 12-month low of $23.01 and a 12-month high of $29.32.

About Fidelity Fundamental Large Cap Value ETF

The Fidelity Fundamental Large Cap Value ETF (FFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to large-cap value stocks from around the world. The fund selects equity securities based on fundamental research and analysis. FFLV was launched on Feb 22, 2024 and is issued by Fidelity.