Fidelity Fundamental Global ex-U.S. ETF (BATS:FFGX) Sees Large Decline in Short Interest

Fidelity Fundamental Global ex-U.S. ETF (BATS:FFGX – Get Free Report) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 2,336 shares, a decrease of 61.0% from the September 30th total of 5,991 shares. Based on an average daily volume of 9,591 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Fidelity Fundamental Global ex-U.S. ETF Stock Up 0.7%

FFGX opened at $32.59 on Thursday. Fidelity Fundamental Global ex-U.S. ETF has a 52 week low of $28.95 and a 52 week high of $35.59. The business has a fifty day simple moving average of $33.94 and a 200-day simple moving average of $33.29. The firm has a market cap of $52.14 million, a P/E ratio of 20.23 and a beta of 0.75.

Institutional Investors Weigh In On Fidelity Fundamental Global ex-U.S. ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. 46 Peaks LLC increased its stake in Fidelity Fundamental Global ex-U.S. ETF by 52.4% during the first quarter. 46 Peaks LLC now owns 54,560 shares of the company’s stock worth $1,663,000 after purchasing an additional 18,771 shares during the period. Beaumont Financial Advisors LLC boosted its stake in shares of Fidelity Fundamental Global ex-U.S. ETF by 0.7% in the first quarter. Beaumont Financial Advisors LLC now owns 694,766 shares of the company’s stock valued at $21,174,000 after purchasing an additional 5,159 shares during the period. Finally, Elm3 Financial Group LLC boosted its stake in shares of Fidelity Fundamental Global ex-U.S. ETF by 9.1% in the third quarter. Elm3 Financial Group LLC now owns 15,734 shares of the company’s stock valued at $533,000 after purchasing an additional 1,308 shares during the period.

About Fidelity Fundamental Global ex-U.S. ETF

(Get Free Report)

The Fidelity Fundamental Global ex-U.S. ETF (FFGX) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to achieve long-term capital growth through an actively managed portfolio of global ex-US equity securities selected based on fundamental factors. The fund includes issuers of any market capitalization. FFGX was launched on Nov 19, 2024 and is issued by Fidelity.

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