Fidelity Low Duration Bond ETF (NASDAQ:FLDB – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 6,065 shares, an increase of 270.7% from the July 15th total of 1,636 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 11,790 shares, the short-interest ratio is presently 0.5 days.
Fidelity Low Duration Bond ETF Stock Down 0.0%
Shares of FLDB stock opened at $50.28 on Thursday. Fidelity Low Duration Bond ETF has a 12-month low of $50.15 and a 12-month high of $50.93. The stock’s 50-day moving average price is $50.32 and its 200-day moving average price is $50.37.
Fidelity Low Duration Bond ETF Cuts Dividend
The company also recently declared a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Thursday, July 30th were issued a dividend of $0.165 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Thursday, July 30th.
Institutional Trading of Fidelity Low Duration Bond ETF
About Fidelity Low Duration Bond ETF
The Fidelity Low Duration Bond ETF (FLDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade, domestic and foreign fixed income securities with broad maturities. It aims to maintain a dollar-weighted average portfolio maturity of two years or less, and duration of one year or less. FLDB was launched on Feb 22, 2024 and is issued by Fidelity.
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