Short Interest in Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) Grows By 237.9%

Fidelity Fundamental Large Cap Core ETF (BATS:FFLC) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 122,073 shares, an increase of 237.9% from the May 14th total of 36,125 shares. Based on an average daily trading volume, of 86,560 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.8% of the shares of the company are short sold.

Fidelity Fundamental Large Cap Core ETF Stock Down 1.7%

BATS FFLC opened at $56.80 on Thursday. Fidelity Fundamental Large Cap Core ETF has a 52-week low of $46.47 and a 52-week high of $59.30. The business’s 50-day moving average price is $56.65 and its 200 day moving average price is $54.63. The firm has a market cap of $897.44 million, a P/E ratio of 24.24 and a beta of 0.94.

Hedge Funds Weigh In On Fidelity Fundamental Large Cap Core ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 10.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,338,379 shares of the company’s stock worth $71,416,000 after buying an additional 125,961 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 11.1% during the fourth quarter. LPL Financial LLC now owns 1,016,452 shares of the company’s stock worth $54,238,000 after buying an additional 101,584 shares during the last quarter. Mariner LLC grew its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 2.2% during the fourth quarter. Mariner LLC now owns 997,832 shares of the company’s stock worth $53,244,000 after buying an additional 21,699 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 12.9% during the first quarter. Kestra Advisory Services LLC now owns 328,857 shares of the company’s stock worth $16,865,000 after buying an additional 37,670 shares during the last quarter. Finally, Dahring Cusmano LLC grew its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 6.1% during the fourth quarter. Dahring Cusmano LLC now owns 314,608 shares of the company’s stock worth $16,787,000 after buying an additional 17,980 shares during the last quarter.

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.