Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Short Interest Down 56.1% in June

Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 39,927 shares, a decline of 56.1% from the June 15th total of 90,948 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 82,572 shares, the days-to-cover ratio is currently 0.5 days.

Fidelity Fundamental Large Cap Growth ETF Price Performance

FFLG opened at $33.10 on Tuesday. The stock has a market cap of $551.12 million, a P/E ratio of 34.87 and a beta of 1.27. The stock’s 50 day simple moving average is $33.89 and its 200 day simple moving average is $31.20. Fidelity Fundamental Large Cap Growth ETF has a 1-year low of $26.40 and a 1-year high of $35.33.

Institutional Trading of Fidelity Fundamental Large Cap Growth ETF

A number of institutional investors have recently bought and sold shares of the company. CLG LLC increased its position in shares of Fidelity Fundamental Large Cap Growth ETF by 33.1% in the first quarter. CLG LLC now owns 12,162 shares of the company’s stock valued at $338,000 after buying an additional 3,027 shares in the last quarter. MWA Asset Management purchased a new stake in shares of Fidelity Fundamental Large Cap Growth ETF in the 1st quarter worth about $78,000. Independent Financial Group LLC purchased a new stake in shares of Fidelity Fundamental Large Cap Growth ETF in the 1st quarter worth about $326,000. Sigma Planning Corp grew its stake in Fidelity Fundamental Large Cap Growth ETF by 3.7% in the 1st quarter. Sigma Planning Corp now owns 66,807 shares of the company’s stock valued at $1,858,000 after acquiring an additional 2,370 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its stake in Fidelity Fundamental Large Cap Growth ETF by 10.8% in the 1st quarter. Kestra Advisory Services LLC now owns 1,869,844 shares of the company’s stock valued at $52,000,000 after acquiring an additional 182,346 shares during the last quarter.

About Fidelity Fundamental Large Cap Growth ETF

The Fidelity Fundamental Large Cap Growth ETF (FFLG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from US and foreign issuers. Stocks are selected based on fundamental factors FFLG was launched on Feb 2, 2021 and is issued by Fidelity.