Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) Short Interest Up 238.7% in May

Fidelity Fundamental Large Cap Growth ETF (BATS:FFLG) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 160,038 shares, a growth of 238.7% from the May 14th total of 47,256 shares. Based on an average daily volume of 55,967 shares, the short-interest ratio is presently 2.9 days. Approximately 1.0% of the shares of the stock are sold short.

Institutional Trading of Fidelity Fundamental Large Cap Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. J.W. Cole Advisors Inc. grew its stake in Fidelity Fundamental Large Cap Growth ETF by 2.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 14,529 shares of the company’s stock worth $428,000 after acquiring an additional 360 shares during the period. CLG LLC grew its stake in Fidelity Fundamental Large Cap Growth ETF by 6.2% in the 3rd quarter. CLG LLC now owns 8,470 shares of the company’s stock worth $250,000 after acquiring an additional 492 shares during the period. Benjamin Edwards Inc. grew its stake in Fidelity Fundamental Large Cap Growth ETF by 2.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 19,518 shares of the company’s stock worth $519,000 after acquiring an additional 546 shares during the period. PKS Advisory Services LLC grew its stake in Fidelity Fundamental Large Cap Growth ETF by 7.1% in the 3rd quarter. PKS Advisory Services LLC now owns 12,113 shares of the company’s stock worth $357,000 after acquiring an additional 800 shares during the period. Finally, Costello Asset Management INC grew its stake in Fidelity Fundamental Large Cap Growth ETF by 4.6% in the 4th quarter. Costello Asset Management INC now owns 20,543 shares of the company’s stock worth $615,000 after acquiring an additional 900 shares during the period.

Fidelity Fundamental Large Cap Growth ETF Price Performance

Shares of Fidelity Fundamental Large Cap Growth ETF stock opened at $32.57 on Thursday. Fidelity Fundamental Large Cap Growth ETF has a 1 year low of $25.01 and a 1 year high of $35.33. The company has a market capitalization of $542.29 million, a P/E ratio of 34.87 and a beta of 1.27. The business has a 50 day moving average price of $32.41 and a 200 day moving average price of $30.56.

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.