Fidelity Tactical Bond ETF (NYSEARCA:FTBD) Stock Short Interest Report for October

Fidelity Tactical Bond ETF (NYSEARCA:FTBD) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 19 shares, a decline of 99.1% from the September 30th total of 2,078 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,480 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Fidelity Tactical Bond ETF

Large investors have recently made changes to their positions in the company. InTrack Investment Management Inc boosted its stake in Fidelity Tactical Bond ETF by 152.8% in the 2nd quarter. InTrack Investment Management Inc now owns 24,102 shares of the company’s stock worth $1,188,000 after purchasing an additional 14,569 shares during the period. AdvisorNet Financial Inc purchased a new position in Fidelity Tactical Bond ETF during the 3rd quarter worth approximately $1,254,000. Arkadios Wealth Advisors raised its stake in Fidelity Tactical Bond ETF by 26.2% during the 1st quarter. Arkadios Wealth Advisors now owns 7,951 shares of the company’s stock valued at $391,000 after purchasing an additional 1,652 shares during the period. Brown Lisle Cummings Inc. acquired a new stake in Fidelity Tactical Bond ETF during the 2nd quarter valued at $147,000. Finally, Avidian Wealth Enterprises LLC acquired a new stake in Fidelity Tactical Bond ETF during the 3rd quarter valued at $253,000.

Fidelity Tactical Bond ETF Price Performance

FTBD stock traded down $0.06 during mid-day trading on Monday, reaching $47.50. 1,548 shares of the stock traded hands, compared to its average volume of 4,125. Fidelity Tactical Bond ETF has a 52-week low of $46.58 and a 52-week high of $50.56. The stock’s fifty day moving average is $47.71 and its 200-day moving average is $48.93.

About Fidelity Tactical Bond ETF

The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.