Fidelity Corporate Bond ETF (NYSEARCA:FCOR) Short Interest Update

Fidelity Corporate Bond ETF (NYSEARCA:FCOR) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 4,488 shares, a decrease of 57.8% from the February 12th total of 10,638 shares. Based on an average trading volume of 36,892 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 36,892 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity Corporate Bond ETF Price Performance

Shares of FCOR stock opened at $47.75 on Wednesday. The firm has a fifty day moving average of $48.02 and a two-hundred day moving average of $48.07. Fidelity Corporate Bond ETF has a 1-year low of $45.00 and a 1-year high of $48.79.

Fidelity Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Thursday, February 26th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, February 26th. This is a positive change from Fidelity Corporate Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 4.3%.

Institutional Trading of Fidelity Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FCOR. Calton & Associates Inc. raised its stake in Fidelity Corporate Bond ETF by 1.3% during the third quarter. Calton & Associates Inc. now owns 17,623 shares of the company’s stock valued at $846,000 after buying an additional 220 shares in the last quarter. Foronjy Financial LLC grew its position in shares of Fidelity Corporate Bond ETF by 4.6% in the 4th quarter. Foronjy Financial LLC now owns 5,995 shares of the company’s stock worth $287,000 after acquiring an additional 263 shares in the last quarter. PFG Investments LLC increased its holdings in shares of Fidelity Corporate Bond ETF by 6.6% in the 3rd quarter. PFG Investments LLC now owns 5,183 shares of the company’s stock valued at $249,000 after acquiring an additional 320 shares during the last quarter. High Falls Advisors Inc increased its holdings in shares of Fidelity Corporate Bond ETF by 4.9% in the 4th quarter. High Falls Advisors Inc now owns 6,960 shares of the company’s stock valued at $333,000 after acquiring an additional 326 shares during the last quarter. Finally, Virtus Wealth Solutions LLC raised its position in shares of Fidelity Corporate Bond ETF by 3.0% during the 4th quarter. Virtus Wealth Solutions LLC now owns 12,416 shares of the company’s stock valued at $594,000 after acquiring an additional 362 shares in the last quarter.

Fidelity Corporate Bond ETF Company Profile

The Fidelity Corporate Bond ETF (FCOR) is an exchange-traded fund that is based on the Bloomberg U.S. Credit Bond index. The fund is an actively managed USD corporate bond fund. It aims to have similar interest-rate risk as the Barclays US Credit Bond Index. FCOR was launched on Oct 6, 2014 and is managed by Fidelity.