Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Short Interest Update

Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 48,007 shares, a growth of 342.6% from the July 30th total of 10,847 shares. Based on an average daily volume of 88,961 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are sold short.

Fidelity Fundamental Large Cap Growth ETF Stock Performance

BATS FFLG opened at $33.45 on Friday. The company has a market cap of $556.94 million, a PE ratio of 34.87 and a beta of 1.27. The firm’s 50 day moving average price is $33.12 and its 200-day moving average price is $31.84. Fidelity Fundamental Large Cap Growth ETF has a 52-week low of $26.40 and a 52-week high of $35.33.

Institutional Trading of Fidelity Fundamental Large Cap Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FFLG. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity Fundamental Large Cap Growth ETF by 4,717.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,975 shares of the company’s stock worth $59,000 after acquiring an additional 1,934 shares in the last quarter. MWA Asset Management purchased a new position in Fidelity Fundamental Large Cap Growth ETF in the first quarter valued at about $78,000. Bank of Montreal Can bought a new position in Fidelity Fundamental Large Cap Growth ETF in the fourth quarter worth about $115,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Fidelity Fundamental Large Cap Growth ETF during the fourth quarter valued at about $203,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Fidelity Fundamental Large Cap Growth ETF in the 2nd quarter valued at about $219,000.

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.