Fidelity Stocks For Inflation ETF (BATS:FCPI) Short Interest Down 80.8% in May

Fidelity Stocks For Inflation ETF (BATS:FCPI) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,669 shares, a drop of 80.8% from the April 30th total of 24,316 shares. Based on an average daily trading volume, of 16,201 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Fidelity Stocks For Inflation ETF Stock Up 0.4%

FCPI stock traded up $0.20 during mid-day trading on Friday, reaching $54.77. The company had a trading volume of 574 shares, compared to its average volume of 16,192. Fidelity Stocks For Inflation ETF has a one year low of $44.94 and a one year high of $54.79. The stock has a market capitalization of $265.63 million, a P/E ratio of 18.17 and a beta of 0.91. The stock’s 50-day simple moving average is $51.89 and its two-hundred day simple moving average is $50.96.

Institutional Trading of Fidelity Stocks For Inflation ETF

Several hedge funds have recently bought and sold shares of the company. Atria Investments Inc increased its stake in shares of Fidelity Stocks For Inflation ETF by 8.8% in the third quarter. Atria Investments Inc now owns 188,993 shares of the company’s stock valued at $9,469,000 after purchasing an additional 15,266 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Fidelity Stocks For Inflation ETF by 93,516.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,798,366 shares of the company’s stock worth $88,983,000 after buying an additional 1,796,445 shares during the period. Archer Investment Corp bought a new position in Fidelity Stocks For Inflation ETF in the 3rd quarter worth approximately $41,000. Quantinno Capital Management LP grew its holdings in Fidelity Stocks For Inflation ETF by 41.3% in the 1st quarter. Quantinno Capital Management LP now owns 6,506 shares of the company’s stock worth $320,000 after buying an additional 1,900 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in Fidelity Stocks For Inflation ETF by 9.3% in the 1st quarter. Cetera Investment Advisers now owns 12,035 shares of the company’s stock valued at $592,000 after acquiring an additional 1,021 shares during the period.

Fidelity Stocks For Inflation ETF Company Profile

The Fidelity Stocks for Inflation ETF (FCPI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of U.S. large- and mid-cap stocks based on multi-factor criteria with structural tilts towards inflation-sensitive sectors and industries FCPI was launched on Nov 5, 2019 and is managed by Fidelity.