Fidelity Corporate Bond ETF (NYSEARCA:FCOR) Shares Shorted: Short Interest Down 76.7% in October

Fidelity Corporate Bond ETF (NYSEARCA:FCOR) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 9,921 shares, a decrease of 76.7% from the October 15th total of 42,616 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 58,460 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Fidelity Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in FCOR. Private Advisor Group LLC acquired a new position in shares of Fidelity Corporate Bond ETF in the 3rd quarter worth approximately $364,000. IFG Advisory LLC increased its position in shares of Fidelity Corporate Bond ETF by 1,320.6% during the third quarter. IFG Advisory LLC now owns 2,273 shares of the company’s stock worth $101,000 after buying an additional 2,113 shares during the period. Valmark Advisers Inc. bought a new position in Fidelity Corporate Bond ETF during the third quarter worth $1,690,000. Kestra Advisory Services LLC raised its stake in Fidelity Corporate Bond ETF by 32.2% during the third quarter. Kestra Advisory Services LLC now owns 392,471 shares of the company’s stock worth $17,520,000 after buying an additional 95,648 shares during the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in Fidelity Corporate Bond ETF during the third quarter worth $3,445,000.

Fidelity Corporate Bond ETF Stock Performance

Shares of FCOR opened at $45.23 on Thursday. Fidelity Corporate Bond ETF has a 1 year low of $44.39 and a 1 year high of $48.63. The business has a 50-day moving average of $45.31 and a 200-day moving average of $46.73.

Fidelity Corporate Bond ETF Company Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.