Fidelity Fundamental Large Cap Value ETF (BATS:FFLV) Sees Significant Increase in Short Interest

Fidelity Fundamental Large Cap Value ETF (BATS:FFLV) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 20,520 shares, an increase of 65.4% from the July 15th total of 12,409 shares. Currently, 4.3% of the company’s shares are sold short. Based on an average daily volume of 6,363 shares, the days-to-cover ratio is presently 3.2 days.

Fidelity Fundamental Large Cap Value ETF Stock Down 0.1%

BATS:FFLV opened at $28.99 on Wednesday. The firm has a market capitalization of $13.77 million, a P/E ratio of 16.54 and a beta of 0.60. The company has a fifty day moving average of $28.16 and a 200 day moving average of $26.78. Fidelity Fundamental Large Cap Value ETF has a 52 week low of $22.60 and a 52 week high of $29.22.

Institutional Trading of Fidelity Fundamental Large Cap Value ETF

A number of institutional investors have recently modified their holdings of FFLV. Kestra Advisory Services LLC purchased a new position in Fidelity Fundamental Large Cap Value ETF during the 4th quarter valued at about $65,000. Osaic Holdings Inc. increased its stake in shares of Fidelity Fundamental Large Cap Value ETF by 208.3% during the second quarter. Osaic Holdings Inc. now owns 2,775 shares of the company’s stock valued at $61,000 after buying an additional 1,875 shares during the period. Finally, Citadel Advisors LLC increased its stake in shares of Fidelity Fundamental Large Cap Value ETF by 144.3% during the third quarter. Citadel Advisors LLC now owns 31,151 shares of the company’s stock valued at $721,000 after buying an additional 18,400 shares during the period.

Fidelity Fundamental Large Cap Value ETF Company Profile

The Fidelity Fundamental Large Cap Value ETF (FFLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to large-cap value stocks from around the world. The fund selects equity securities based on fundamental research and analysis. FFLV was launched on Feb 22, 2024 and is issued by Fidelity.