Fidelity Blue Chip Value ETF (BATS:FBCV) Stock Short Interest Report for October

Fidelity Blue Chip Value ETF (BATS:FBCV) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 17,645 shares, an increase of 524.2% from the September 30th total of 2,827 shares. Based on an average trading volume of 16,344 shares, the short-interest ratio is currently 1.1 days. Currently, 0.4% of the shares of the company are sold short.

Fidelity Blue Chip Value ETF Stock Performance

BATS FBCV opened at $43.35 on Tuesday. Fidelity Blue Chip Value ETF has a one year low of $34.16 and a one year high of $43.59. The company has a market cap of $170.37 million, a P/E ratio of 16.12 and a beta of 0.74. The business has a fifty day moving average price of $42.41 and a 200 day moving average price of $39.41.

Institutional Investors Weigh In On Fidelity Blue Chip Value ETF

Institutional investors have recently added to or reduced their stakes in the business. Fifth Third Securities Inc. acquired a new stake in shares of Fidelity Blue Chip Value ETF during the third quarter worth about $585,000. AdvisorNet Financial Inc purchased a new position in Fidelity Blue Chip Value ETF during the 3rd quarter worth approximately $1,559,000. Armstrong Advisory Group Inc. purchased a new position in Fidelity Blue Chip Value ETF during the 3rd quarter worth approximately $119,000. CoreCap Advisors LLC increased its position in Fidelity Blue Chip Value ETF by 12.9% during the third quarter. CoreCap Advisors LLC now owns 13,757 shares of the company’s stock worth $567,000 after buying an additional 1,568 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in Fidelity Blue Chip Value ETF by 73.6% during the second quarter. Envestnet Asset Management Inc. now owns 52,729 shares of the company’s stock worth $2,100,000 after buying an additional 22,353 shares during the period.

Fidelity Blue Chip Value ETF Company Profile

The Fidelity Blue Chip Value ETF (FBCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is an actively-managed, non-transparent fund of fundamentally-selected large-cap global value stocks. The fund utilizes the Fidelity non-transparent model. FBCV was launched on Jun 3, 2020 and is managed by Fidelity.