Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Shares Shorted: Short Interest Up 2,228.9% in September

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 55,288 shares, a growth of 2,228.9% from the August 31st total of 2,374 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 82,135 shares, the short-interest ratio is presently 0.7 days.

Fidelity Fundamental Large Cap Core ETF Stock Performance

Fidelity Fundamental Large Cap Core ETF stock traded down $0.06 during trading hours on Thursday, hitting $59.54. The company had a trading volume of 58,156 shares, compared to its average volume of 93,823. The firm has a market cap of $940.73 million, a P/E ratio of 24.24 and a beta of 0.94. Fidelity Fundamental Large Cap Core ETF has a 1 year low of $49.40 and a 1 year high of $61.14. The company has a 50-day moving average price of $59.57 and a two-hundred day moving average price of $57.47.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Kestra Private Wealth Services LLC lifted its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 30.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 166,994 shares of the company’s stock worth $8,564,000 after buying an additional 39,242 shares during the period. Triad Wealth Partners LLC raised its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 135.5% in the first quarter. Triad Wealth Partners LLC now owns 14,999 shares of the company’s stock valued at $769,000 after acquiring an additional 8,629 shares in the last quarter. Envision Financial Transparency LLC bought a new stake in shares of Fidelity Fundamental Large Cap Core ETF in the first quarter valued at about $3,262,000. Private Advisor Group LLC purchased a new stake in Fidelity Fundamental Large Cap Core ETF in the first quarter worth about $585,000. Finally, Tactive Advisors LLC lifted its stake in Fidelity Fundamental Large Cap Core ETF by 17.9% in the second quarter. Tactive Advisors LLC now owns 280,301 shares of the company’s stock worth $16,513,000 after acquiring an additional 42,651 shares during the period.

About Fidelity Fundamental Large Cap Core ETF

The Fidelity Fundamental Large Cap Core ETF (FFLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed core portfolio of large-cap stocks from US and foreign issuers. Stocks are selected based on fundamental factors. FFLC was launched on Jun 3, 2020 and is issued by Fidelity.