Fidelity Low Duration Bond ETF (NASDAQ:FLDB) Sees Significant Decrease in Short Interest

Fidelity Low Duration Bond ETF (NASDAQ:FLDBGet Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 900 shares, a decrease of 18.2% from the January 31st total of 1,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 9.0 days.

Fidelity Low Duration Bond ETF Stock Performance

Shares of NASDAQ:FLDB opened at $50.43 on Friday. The firm’s 50 day moving average is $50.44 and its two-hundred day moving average is $50.48. Fidelity Low Duration Bond ETF has a 52 week low of $50.02 and a 52 week high of $50.66.

Fidelity Low Duration Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, February 27th were given a $0.184 dividend. The ex-dividend date of this dividend was Thursday, February 27th.

About Fidelity Low Duration Bond ETF

(Get Free Report)

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.

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