Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Down 52.3% in January

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 166 shares, a decrease of 52.3% from the December 31st total of 348 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 3,625 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 3,625 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of Fidelity Disruptive Finance ETF

Several large investors have recently made changes to their positions in FDFF. AE Wealth Management LLC raised its stake in Fidelity Disruptive Finance ETF by 103.0% during the 3rd quarter. AE Wealth Management LLC now owns 20,224 shares of the company’s stock worth $732,000 after buying an additional 10,260 shares during the period. Virtu Financial LLC bought a new position in shares of Fidelity Disruptive Finance ETF in the 3rd quarter worth $263,000. Osaic Holdings Inc. grew its position in Fidelity Disruptive Finance ETF by 443.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after purchasing an additional 887 shares during the period. Raleigh Capital Management Inc. bought a new stake in Fidelity Disruptive Finance ETF during the 4th quarter valued at $39,000. Finally, Key Capital Management INC bought a new position in shares of Fidelity Disruptive Finance ETF in the fourth quarter valued at $25,000.

Fidelity Disruptive Finance ETF Trading Down 0.7%

FDFF stock opened at $35.74 on Thursday. Fidelity Disruptive Finance ETF has a 1-year low of $29.92 and a 1-year high of $39.78. The stock has a 50-day moving average price of $35.61 and a 200-day moving average price of $36.37. The firm has a market cap of $46.46 million, a PE ratio of 24.27 and a beta of 1.32.

Fidelity Disruptive Finance ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were given a dividend of $0.048 per share. This represents a $0.19 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, December 19th.

About Fidelity Disruptive Finance ETF

The Fidelity Disruptive Finance ETF (FDFF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.