Fidelity Tactical Bond ETF (NYSEARCA:FTBD) Stock Short Interest Report for October

Fidelity Tactical Bond ETF (NYSEARCA:FTBD) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,111 shares, a growth of 5,747.4% from the October 15th total of 19 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 3,545 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Fidelity Tactical Bond ETF

A number of institutional investors have recently made changes to their positions in FTBD. Commonwealth Equity Services LLC bought a new stake in Fidelity Tactical Bond ETF in the third quarter worth approximately $1,502,000. BG Investment Services LLC boosted its holdings in shares of Fidelity Tactical Bond ETF by 44.7% during the 3rd quarter. BG Investment Services LLC now owns 17,212 shares of the company’s stock worth $805,000 after buying an additional 5,320 shares in the last quarter. Brown Lisle Cummings Inc. boosted its holdings in shares of Fidelity Tactical Bond ETF by 44.6% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 4,324 shares of the company’s stock worth $202,000 after buying an additional 1,334 shares in the last quarter. TD Waterhouse Canada Inc. grew its position in shares of Fidelity Tactical Bond ETF by 162.5% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,874 shares of the company’s stock worth $88,000 after buying an additional 1,160 shares during the period. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Fidelity Tactical Bond ETF during the 3rd quarter worth approximately $1,254,000.

Fidelity Tactical Bond ETF Stock Performance

FTBD opened at $47.45 on Wednesday. The company’s 50 day moving average is $47.49 and its 200-day moving average is $48.81. Fidelity Tactical Bond ETF has a 1-year low of $46.58 and a 1-year high of $50.45.

Fidelity Tactical Bond ETF Company Profile

The Fidelity Tactical Bond ETF (FTBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds debt securities of any type, rating, and maturity, selected using a qualitative and quantitative security selection approach. FTBD was launched on Jan 24, 2023 and is managed by Fidelity.