Fidelity High Yield Factor ETF (NYSEARCA:FDHY) Short Interest Update

by · The Cerbat Gem

Fidelity High Yield Factor ETF (NYSEARCA:FDHY – Get Free Report) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 15,242 shares, a growth of 602.7% from the April 15th total of 2,169 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 66,045 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Fidelity High Yield Factor ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Flavin Financial Services Inc. raised its holdings in shares of Fidelity High Yield Factor ETF by 28.7% in the third quarter. Flavin Financial Services Inc. now owns 101,309 shares of the company’s stock valued at $4,995,000 after purchasing an additional 22,580 shares during the last quarter. Wise Wealth Partners purchased a new stake in Fidelity High Yield Factor ETF in the 4th quarter valued at about $1,801,000. Financial Management Professionals Inc. increased its stake in Fidelity High Yield Factor ETF by 10.7% in the 4th quarter. Financial Management Professionals Inc. now owns 451,872 shares of the company’s stock valued at $22,427,000 after buying an additional 43,498 shares during the last quarter. BG Investment Services Inc. lifted its position in shares of Fidelity High Yield Factor ETF by 66.3% during the 3rd quarter. BG Investment Services Inc. now owns 57,664 shares of the company’s stock worth $2,843,000 after buying an additional 22,986 shares in the last quarter. Finally, BG Investment Services LLC lifted its position in shares of Fidelity High Yield Factor ETF by 35.3% during the 4th quarter. BG Investment Services LLC now owns 77,994 shares of the company’s stock worth $3,847,000 after buying an additional 20,330 shares in the last quarter.

Fidelity High Yield Factor ETF Stock Up 0.0%

Shares of Fidelity High Yield Factor ETF stock traded up $0.01 during trading hours on Thursday, reaching $49.17. The company’s stock had a trading volume of 35,935 shares, compared to its average volume of 80,464. The stock’s fifty day simple moving average is $49.02 and its two-hundred day simple moving average is $49.24. Fidelity High Yield Factor ETF has a one year low of $47.98 and a one year high of $49.71.

Fidelity High Yield Factor ETF Company Profile

(Get Free Report)

The Fidelity High Yield Factor ETF (FDHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund using a quantitative screen to select high-yield bonds issued by US and foreign corporations. The fund seeks a high level of income, and may also seek capital appreciation. FDHY was launched on Jun 12, 2018 and is managed by Fidelity.

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