Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Short Interest Up 135.0% in February

Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 41,523 shares, an increase of 135.0% from the January 29th total of 17,672 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 67,144 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 67,144 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.

Fidelity Low Volatility Factor ETF Price Performance

NYSEARCA FDLO opened at $68.13 on Friday. Fidelity Low Volatility Factor ETF has a 12 month low of $53.59 and a 12 month high of $68.71. The firm has a market capitalization of $1.48 billion, a PE ratio of 24.34 and a beta of 0.80. The company’s 50 day simple moving average is $67.66 and its 200 day simple moving average is $66.40.

Institutional Trading of Fidelity Low Volatility Factor ETF

Several institutional investors have recently modified their holdings of FDLO. Axxcess Wealth Management LLC acquired a new position in Fidelity Low Volatility Factor ETF during the fourth quarter worth about $206,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Fidelity Low Volatility Factor ETF by 2.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,310 shares of the company’s stock worth $488,000 after purchasing an additional 180 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Fidelity Low Volatility Factor ETF by 19.4% in the 4th quarter. Cetera Investment Advisers now owns 241,166 shares of the company’s stock worth $16,098,000 after purchasing an additional 39,160 shares in the last quarter. Equitable Holdings Inc. lifted its stake in Fidelity Low Volatility Factor ETF by 3.7% during the fourth quarter. Equitable Holdings Inc. now owns 4,239 shares of the company’s stock valued at $283,000 after purchasing an additional 151 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in Fidelity Low Volatility Factor ETF by 0.4% during the fourth quarter. Osaic Holdings Inc. now owns 130,116 shares of the company’s stock worth $8,690,000 after buying an additional 517 shares in the last quarter.

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.