Fidelity Corporate Bond ETF (NYSEARCA:FCOR) Short Interest Update

Fidelity Corporate Bond ETF (NYSEARCA:FCOR) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 835 shares, a decrease of 84.7% from the July 30th total of 5,458 shares. Based on an average daily volume of 33,331 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Fidelity Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC grew its holdings in Fidelity Corporate Bond ETF by 48.4% in the first quarter. Kestra Advisory Services LLC now owns 357,600 shares of the company’s stock valued at $16,854,000 after purchasing an additional 116,695 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Fidelity Corporate Bond ETF by 15.3% during the 1st quarter. Cetera Investment Advisers now owns 236,088 shares of the company’s stock worth $11,127,000 after buying an additional 31,357 shares during the last quarter. Salus Financial Advisors LLC raised its stake in shares of Fidelity Corporate Bond ETF by 8.2% during the 1st quarter. Salus Financial Advisors LLC now owns 157,664 shares of the company’s stock worth $7,431,000 after buying an additional 11,928 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of Fidelity Corporate Bond ETF by 8.3% in the 3rd quarter. Raymond James Financial Inc. now owns 102,377 shares of the company’s stock worth $4,914,000 after buying an additional 7,842 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Fidelity Corporate Bond ETF by 68.6% in the 4th quarter. LPL Financial LLC now owns 65,473 shares of the company’s stock valued at $3,132,000 after acquiring an additional 26,647 shares during the last quarter.

Fidelity Corporate Bond ETF Stock Down 0.1%

Shares of NYSEARCA FCOR traded down $0.05 during midday trading on Thursday, hitting $46.46. The company had a trading volume of 17,896 shares, compared to its average volume of 38,335. Fidelity Corporate Bond ETF has a twelve month low of $46.11 and a twelve month high of $48.79. The business has a 50-day simple moving average of $46.68 and a two-hundred day simple moving average of $47.19.

Fidelity Corporate Bond ETF Company Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.