Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Sees Significant Growth in Short Interest

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 55,288 shares, an increase of 2,228.9% from the August 31st total of 2,374 shares. Based on an average daily trading volume, of 82,135 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are sold short.

Fidelity Fundamental Large Cap Core ETF Price Performance

BATS FFLC opened at $59.54 on Friday. The stock’s 50 day simple moving average is $59.58 and its 200-day simple moving average is $57.52. The company has a market cap of $940.73 million, a PE ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 1-year low of $49.40 and a 1-year high of $61.14.

Institutional Investors Weigh In On Fidelity Fundamental Large Cap Core ETF

A number of large investors have recently modified their holdings of FFLC. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 19,645.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 109,588 shares of the company’s stock worth $5,466,000 after acquiring an additional 109,033 shares during the period. Envision Financial Transparency LLC acquired a new stake in Fidelity Fundamental Large Cap Core ETF during the first quarter worth about $3,262,000. Core Wealth Advisors LLC acquired a new stake in Fidelity Fundamental Large Cap Core ETF during the first quarter worth about $2,919,000. Tactive Advisors LLC raised its stake in Fidelity Fundamental Large Cap Core ETF by 17.9% during the second quarter. Tactive Advisors LLC now owns 280,301 shares of the company’s stock worth $16,513,000 after purchasing an additional 42,651 shares during the period. Finally, Kestra Private Wealth Services LLC raised its stake in Fidelity Fundamental Large Cap Core ETF by 30.7% during the first quarter. Kestra Private Wealth Services LLC now owns 166,994 shares of the company’s stock worth $8,564,000 after purchasing an additional 39,242 shares during the period.

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.