Short Interest in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Drops By 95.9%

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,050 shares, a drop of 95.9% from the July 15th total of 50,253 shares. Based on an average daily trading volume, of 98,723 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Fidelity Fundamental Large Cap Core ETF Price Performance

Shares of FFLC stock traded down $0.11 during trading hours on Tuesday, reaching $60.24. 89,346 shares of the company traded hands, compared to its average volume of 98,206. The firm has a 50-day moving average price of $58.80 and a 200 day moving average price of $56.31. The company has a market cap of $951.79 million, a P/E ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 12-month low of $49.40 and a 12-month high of $61.14.

Hedge Funds Weigh In On Fidelity Fundamental Large Cap Core ETF

Large investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its position in shares of Fidelity Fundamental Large Cap Core ETF by 10.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,338,379 shares of the company’s stock worth $71,416,000 after purchasing an additional 125,961 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Fidelity Fundamental Large Cap Core ETF by 19,645.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 109,588 shares of the company’s stock worth $5,466,000 after purchasing an additional 109,033 shares in the last quarter. LPL Financial LLC raised its position in shares of Fidelity Fundamental Large Cap Core ETF by 11.1% during the 4th quarter. LPL Financial LLC now owns 1,016,452 shares of the company’s stock valued at $54,238,000 after purchasing an additional 101,584 shares during the period. Jane Street Group LLC raised its position in shares of Fidelity Fundamental Large Cap Core ETF by 1,395.3% during the 1st quarter. Jane Street Group LLC now owns 108,652 shares of the company’s stock valued at $4,726,000 after purchasing an additional 101,386 shares during the period. Finally, Envision Financial Transparency LLC purchased a new position in shares of Fidelity Fundamental Large Cap Core ETF during the 1st quarter valued at $3,262,000.

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.