Fidelity Investment Grade Bond ETF (NYSEARCA:FIGB) Sees Large Decrease in Short Interest

Fidelity Investment Grade Bond ETF (NYSEARCA:FIGBGet Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 13,847 shares, a decrease of 37.1% from the July 30th total of 22,000 shares. Based on an average daily trading volume, of 61,032 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Fidelity Investment Grade Bond ETF Trading Down 0.0%

FIGB stock opened at $42.17 on Monday. The stock has a fifty day moving average of $42.51 and a 200-day moving average of $42.93. Fidelity Investment Grade Bond ETF has a fifty-two week low of $42.04 and a fifty-two week high of $44.20.

Hedge Funds Weigh In On Fidelity Investment Grade Bond ETF

Several large investors have recently modified their holdings of the business. Royal Bank of Canada purchased a new stake in shares of Fidelity Investment Grade Bond ETF during the 4th quarter valued at approximately $52,000. Bank of Montreal Can lifted its position in shares of Fidelity Investment Grade Bond ETF by 20.2% during the fourth quarter. Bank of Montreal Can now owns 1,371 shares of the company’s stock worth $60,000 after acquiring an additional 230 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of Fidelity Investment Grade Bond ETF in the fourth quarter worth $76,000. Cerity Partners LLC purchased a new position in shares of Fidelity Investment Grade Bond ETF in the fourth quarter valued at $204,000. Finally, LPL Financial LLC bought a new stake in shares of Fidelity Investment Grade Bond ETF during the 4th quarter valued at $239,000.

Fidelity Investment Grade Bond ETF Company Profile

(Get Free Report)

The Fidelity Investment Grade Bond ETF (FIGB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in investment grade debt securities of any maturity, globally. FIGB was launched on Mar 2, 2021 and is managed by Fidelity.

Further Reading

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