Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Shares Shorted: Short Interest Down 73.1% in September

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 8,753 shares, a decrease of 73.1% from the September 15th total of 32,511 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 82,412 shares, the days-to-cover ratio is currently 0.1 days.

Fidelity Investment Grade Bond ETF Stock Performance

Shares of FIGB stock traded up $0.10 during trading hours on Monday, reaching $40.98. The company had a trading volume of 43,441 shares, compared to its average volume of 97,538. Fidelity Investment Grade Bond ETF has a 1-year low of $40.50 and a 1-year high of $44.20. The company has a 50 day moving average of $41.80 and a 200 day moving average of $42.48.

Hedge Funds Weigh In On Fidelity Investment Grade Bond ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Heartland Bank & Trust Co acquired a new position in Fidelity Investment Grade Bond ETF during the second quarter valued at approximately $48,585,000. Anson Capital Inc. grew its holdings in shares of Fidelity Investment Grade Bond ETF by 6.8% in the 2nd quarter. Anson Capital Inc. now owns 219,198 shares of the company’s stock valued at $9,388,000 after buying an additional 13,988 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Fidelity Investment Grade Bond ETF by 44.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 72,888 shares of the company’s stock valued at $3,122,000 after buying an additional 22,363 shares during the period. Elevation Wealth Management LLC increased its position in shares of Fidelity Investment Grade Bond ETF by 4.9% in the 2nd quarter. Elevation Wealth Management LLC now owns 7,334 shares of the company’s stock valued at $315,000 after buying an additional 345 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of Fidelity Investment Grade Bond ETF by 7.7% in the 1st quarter. Kestra Advisory Services LLC now owns 71,366 shares of the company’s stock valued at $3,072,000 after buying an additional 5,116 shares in the last quarter.

About Fidelity Investment Grade Bond ETF

The Fidelity Investment Grade Bond ETF (FIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in investment grade debt securities of any maturity, globally. FIGB was launched on Mar 2, 2021 and is managed by Fidelity.