Short Interest in Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Expands By 139.9%

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 10,249 shares, a growth of 139.9% from the February 26th total of 4,272 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 72,774 shares, the short-interest ratio is presently 0.1 days.

Fidelity Investment Grade Bond ETF Trading Up 0.0%

Shares of FIGB stock traded up $0.01 during mid-day trading on Friday, reaching $42.86. The stock had a trading volume of 66,738 shares, compared to its average volume of 100,494. Fidelity Investment Grade Bond ETF has a 12-month low of $41.85 and a 12-month high of $44.20. The business has a 50-day simple moving average of $43.47 and a 200 day simple moving average of $43.58.

Fidelity Investment Grade Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Thursday, February 26th were given a dividend of $0.137 per share. The ex-dividend date was Thursday, February 26th. This is an increase from Fidelity Investment Grade Bond ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a yield of 3.8%.

Institutional Trading of Fidelity Investment Grade Bond ETF

Several large investors have recently modified their holdings of FIGB. Jane Street Group LLC raised its position in shares of Fidelity Investment Grade Bond ETF by 121.1% during the 1st quarter. Jane Street Group LLC now owns 33,656 shares of the company’s stock worth $1,447,000 after purchasing an additional 18,436 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Fidelity Investment Grade Bond ETF by 334.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 23,097 shares of the company’s stock valued at $998,000 after buying an additional 17,781 shares during the last quarter. Flow Traders U.S. LLC increased its position in Fidelity Investment Grade Bond ETF by 23.6% during the second quarter. Flow Traders U.S. LLC now owns 44,286 shares of the company’s stock worth $1,914,000 after buying an additional 8,452 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Fidelity Investment Grade Bond ETF by 195.5% in the second quarter. Osaic Holdings Inc. now owns 70,192 shares of the company’s stock worth $3,033,000 after acquiring an additional 46,442 shares during the last quarter. Finally, Peterson Wealth Advisors LLC raised its holdings in shares of Fidelity Investment Grade Bond ETF by 3.6% in the third quarter. Peterson Wealth Advisors LLC now owns 14,523 shares of the company’s stock worth $633,000 after acquiring an additional 504 shares during the last quarter.

About Fidelity Investment Grade Bond ETF

The Fidelity Investment Grade Bond ETF (FIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in investment grade debt securities of any maturity, globally. FIGB was launched on Mar 2, 2021 and is managed by Fidelity.