Short Interest in Fidelity Cloud Computing ETF (BATS:FCLD) Rises By 491.4%

Fidelity Cloud Computing ETF (BATS:FCLD) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 3,389 shares, a growth of 491.4% from the April 30th total of 573 shares. Based on an average trading volume of 19,505 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Fidelity Cloud Computing ETF

Institutional investors have recently made changes to their positions in the company. TD Waterhouse Canada Inc. bought a new stake in shares of Fidelity Cloud Computing ETF in the 4th quarter valued at approximately $74,000. LPL Financial LLC bought a new stake in shares of Fidelity Cloud Computing ETF in the 4th quarter valued at approximately $282,000. WCG Wealth Advisors LLC increased its holdings in shares of Fidelity Cloud Computing ETF by 26.3% in the 3rd quarter. WCG Wealth Advisors LLC now owns 17,360 shares of the company’s stock valued at $507,000 after acquiring an additional 3,610 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in shares of Fidelity Cloud Computing ETF by 9.6% in the 4th quarter. Kestra Advisory Services LLC now owns 21,799 shares of the company’s stock valued at $648,000 after acquiring an additional 1,918 shares during the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Fidelity Cloud Computing ETF by 109.3% in the 1st quarter. Jane Street Group LLC now owns 32,829 shares of the company’s stock valued at $781,000 after acquiring an additional 17,142 shares during the last quarter.

Fidelity Cloud Computing ETF Trading Down 0.2%

Shares of BATS FCLD opened at $36.10 on Thursday. Fidelity Cloud Computing ETF has a twelve month low of $26.01 and a twelve month high of $36.51. The company has a market capitalization of $117.33 million, a price-to-earnings ratio of 36.27 and a beta of 1.22. The business has a 50 day simple moving average of $30.84 and a 200-day simple moving average of $29.87.

Fidelity Cloud Computing ETF Company Profile

The Fidelity Cloud Computing ETF (FCLD) is an exchange-traded fund that is based on the Fidelity Cloud Computing index, a market-cap-weighted index of global companies that provide products and\u002For services enabling increased usage of cloud computing. FCLD was launched on Oct 5, 2021 and is managed by Fidelity.