Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Rises By 28.6%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 900 shares, an increase of 28.6% from the February 13th total of 700 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is currently 0.1 days.

Fidelity Disruptors ETF Stock Down 1.1 %

Shares of FDIF stock traded down $0.35 during mid-day trading on Tuesday, hitting $30.37. 7,954 shares of the stock were exchanged, compared to its average volume of 9,528. The firm has a fifty day moving average of $32.30 and a 200 day moving average of $31.52. Fidelity Disruptors ETF has a 52-week low of $24.60 and a 52-week high of $33.94. The company has a market cap of $88.06 million, a PE ratio of 27.19 and a beta of 1.27.

Fidelity Disruptors ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were given a dividend of $0.043 per share. This represents a $0.17 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend was Friday, December 20th. This is an increase from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. acquired a new position in shares of Fidelity Disruptors ETF during the 4th quarter worth about $26,000. Corient Private Wealth LLC acquired a new position in shares of Fidelity Disruptors ETF during the 4th quarter worth about $281,000. Finally, Sfmg LLC raised its position in shares of Fidelity Disruptors ETF by 8.1% during the 3rd quarter. Sfmg LLC now owns 189,092 shares of the company’s stock worth $5,737,000 after purchasing an additional 14,225 shares during the last quarter.

Fidelity Disruptors ETF Company Profile

The Fidelity Disruptors ETF (FDIF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds that holds a suite of global Fidelity ETFs, all of which are tied with disruptive technologies in automation, communications, finance, medicine, and technology.