Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Decreases By 62.4%

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 477 shares, a decline of 62.4% from the December 15th total of 1,270 shares. Based on an average trading volume of 3,867 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 3,867 shares, the days-to-cover ratio is currently 0.1 days.

Fidelity Disruptors ETF Price Performance

Shares of FDIF traded down $0.25 during trading hours on Wednesday, reaching $36.34. 1,989 shares of the company’s stock traded hands, compared to its average volume of 8,803. The firm has a market capitalization of $101.74 million, a price-to-earnings ratio of 27.66 and a beta of 1.26. Fidelity Disruptors ETF has a twelve month low of $25.25 and a twelve month high of $37.08. The business’s fifty day simple moving average is $35.71 and its two-hundred day simple moving average is $35.16.

Fidelity Disruptors ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were paid a dividend of $0.033 per share. This represents a $0.13 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FDIF. Farther Finance Advisors LLC raised its holdings in Fidelity Disruptors ETF by 43.3% during the second quarter. Farther Finance Advisors LLC now owns 5,564 shares of the company’s stock worth $188,000 after purchasing an additional 1,681 shares in the last quarter. Sfmg LLC boosted its stake in Fidelity Disruptors ETF by 5.8% during the 2nd quarter. Sfmg LLC now owns 194,170 shares of the company’s stock valued at $6,551,000 after purchasing an additional 10,686 shares in the last quarter. MFA Wealth Services acquired a new position in shares of Fidelity Disruptors ETF during the 2nd quarter valued at $377,000. Jane Street Group LLC bought a new stake in shares of Fidelity Disruptors ETF in the 2nd quarter worth $2,207,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Fidelity Disruptors ETF by 340.7% in the second quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock valued at $278,000 after buying an additional 6,364 shares during the period.

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. FDIF was launched on Apr 16, 2020 and is managed by Fidelity.