Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Short Interest Up 121.0% in April

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 68,606 shares, a growth of 121.0% from the April 15th total of 31,037 shares. Based on an average trading volume of 149,383 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On Fidelity Fundamental Large Cap Core ETF

Several large investors have recently made changes to their positions in FFLC. Financial Freedom LLC purchased a new position in shares of Fidelity Fundamental Large Cap Core ETF in the first quarter valued at about $26,000. Sunbelt Securities Inc. purchased a new position in shares of Fidelity Fundamental Large Cap Core ETF in the third quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Fidelity Fundamental Large Cap Core ETF in the third quarter valued at about $29,000. Steward Partners Investment Advisory LLC lifted its position in shares of Fidelity Fundamental Large Cap Core ETF by 380.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 625 shares of the company’s stock valued at $33,000 after acquiring an additional 495 shares in the last quarter. Finally, Coston McIsaac & Partners lifted its position in shares of Fidelity Fundamental Large Cap Core ETF by 42.1% in the first quarter. Coston McIsaac & Partners now owns 668 shares of the company’s stock valued at $34,000 after acquiring an additional 198 shares in the last quarter.

Fidelity Fundamental Large Cap Core ETF Stock Down 1.4%

Shares of Fidelity Fundamental Large Cap Core ETF stock opened at $57.87 on Friday. The stock’s 50-day simple moving average is $54.36 and its 200-day simple moving average is $53.89. Fidelity Fundamental Large Cap Core ETF has a 52 week low of $45.07 and a 52 week high of $58.79. The company has a market capitalization of $914.35 million, a price-to-earnings ratio of 24.24 and a beta of 0.94.

Fidelity Fundamental Large Cap Core ETF Company Profile

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.