Fidelity Low Duration Bond ETF (NASDAQ:FLDB) Short Interest Update

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 700 shares, a decrease of 22.2% from the February 28th total of 900 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 3.5 days. Approximately 0.0% of the shares of the stock are sold short.

Fidelity Low Duration Bond ETF Stock Up 0.2 %

FLDB stock traded up $0.09 during midday trading on Wednesday, reaching $50.40. The company had a trading volume of 437 shares, compared to its average volume of 232. Fidelity Low Duration Bond ETF has a 1-year low of $50.07 and a 1-year high of $50.66. The stock has a 50 day moving average price of $50.46 and a 200-day moving average price of $50.48.

Fidelity Low Duration Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 28th were issued a dividend of $0.191 per share. The ex-dividend date of this dividend was Friday, March 28th. This is a boost from Fidelity Low Duration Bond ETF’s previous dividend of $0.18.

Fidelity Low Duration Bond ETF Company Profile

The Fidelity Low Duration Bond ETF (FLDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade, domestic and foreign fixed income securities with broad maturities. It aims to maintain a dollar-weighted average portfolio maturity of two years or less, and duration of one year or less.