Fidelity Cloud Computing ETF (BATS:FCLD – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 36,401 shares, a decrease of 73.9% from the August 15th total of 139,582 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average trading volume of 40,665 shares, the short-interest ratio is currently 0.9 days.
Institutional Trading of Fidelity Cloud Computing ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. LPL Financial LLC acquired a new position in Fidelity Cloud Computing ETF in the fourth quarter valued at $282,000. WCG Wealth Advisors LLC increased its stake in Fidelity Cloud Computing ETF by 26.3% during the third quarter. WCG Wealth Advisors LLC now owns 17,360 shares of the company’s stock worth $507,000 after acquiring an additional 3,610 shares during the last quarter. Kestra Advisory Services LLC increased its stake in Fidelity Cloud Computing ETF by 9.6% during the fourth quarter. Kestra Advisory Services LLC now owns 21,799 shares of the company’s stock worth $648,000 after acquiring an additional 1,918 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Fidelity Cloud Computing ETF by 109.3% in the 1st quarter. Jane Street Group LLC now owns 32,829 shares of the company’s stock worth $781,000 after purchasing an additional 17,142 shares during the period. Finally, Rooted Wealth Advisors Inc. raised its holdings in shares of Fidelity Cloud Computing ETF by 18.5% in the 4th quarter. Rooted Wealth Advisors Inc. now owns 37,286 shares of the company’s stock worth $1,045,000 after purchasing an additional 5,830 shares during the period.
Fidelity Cloud Computing ETF Stock Performance
Fidelity Cloud Computing ETF stock opened at $43.50 on Friday. Fidelity Cloud Computing ETF has a 1 year low of $26.01 and a 1 year high of $45.80. The firm has a 50 day moving average price of $41.51 and a 200 day moving average price of $35.65. The company has a market cap of $141.38 million, a price-to-earnings ratio of 36.27 and a beta of 1.22.
About Fidelity Cloud Computing ETF
The Fidelity Cloud Computing ETF (FCLD) is an exchange-traded fund that is based on the Fidelity Cloud Computing index, a market-cap-weighted index of global companies that provide products and\u002For services enabling increased usage of cloud computing. FCLD was launched on Oct 5, 2021 and is managed by Fidelity.
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