Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) Short Interest Update

Fidelity Limited Term Bond ETF (NYSEARCA:FLTB) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 26,774 shares, a growth of 134.3% from the December 15th total of 11,426 shares. Based on an average daily trading volume, of 42,780 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 42,780 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Fidelity Limited Term Bond ETF

Several institutional investors have recently added to or reduced their stakes in FLTB. Envestnet Asset Management Inc. lifted its position in shares of Fidelity Limited Term Bond ETF by 21.0% during the third quarter. Envestnet Asset Management Inc. now owns 278,124 shares of the company’s stock worth $14,090,000 after purchasing an additional 48,290 shares during the last quarter. Holos Integrated Wealth LLC bought a new stake in Fidelity Limited Term Bond ETF in the fourth quarter valued at about $8,270,000. Bank of America Corp DE raised its stake in Fidelity Limited Term Bond ETF by 15.4% during the third quarter. Bank of America Corp DE now owns 132,655 shares of the company’s stock valued at $6,720,000 after buying an additional 17,691 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in Fidelity Limited Term Bond ETF by 60.8% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 116,404 shares of the company’s stock worth $5,867,000 after buying an additional 43,997 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of Fidelity Limited Term Bond ETF by 19.3% in the 2nd quarter. Osaic Holdings Inc. now owns 96,898 shares of the company’s stock valued at $4,888,000 after acquiring an additional 15,702 shares during the last quarter. 2.01% of the stock is owned by institutional investors and hedge funds.

Fidelity Limited Term Bond ETF Trading Down 0.2%

NYSEARCA:FLTB traded down $0.11 on Thursday, reaching $50.73. The stock had a trading volume of 53,884 shares, compared to its average volume of 65,438. The company has a 50-day moving average of $50.75 and a 200 day moving average of $50.66. The stock has a market cap of $344.96 million, a P/E ratio of 32.11 and a beta of 0.10. Fidelity Limited Term Bond ETF has a 12-month low of $49.41 and a 12-month high of $51.07.

Fidelity Limited Term Bond ETF Company Profile

The Fidelity Limited Term Bond ETF (FLTB) is an exchange-traded fund that is based on the Fidelity Limited Term Composite index. The fund is an actively managed, broad-based bond fund with a primary focus on investment-grade credits and a targeted average maturity between two and five years. FLTB was launched on Oct 6, 2014 and is managed by Fidelity.