Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Declines By 50.9%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 234 shares, a drop of 50.9% from the December 31st total of 477 shares. Based on an average daily volume of 8,338 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 8,338 shares, the short-interest ratio is currently 0.0 days.

Fidelity Disruptors ETF Stock Down 0.5%

NASDAQ:FDIF opened at $36.68 on Thursday. The firm has a market capitalization of $102.70 million, a P/E ratio of 27.66 and a beta of 1.26. The company has a fifty day moving average of $35.98 and a 200 day moving average of $35.37. Fidelity Disruptors ETF has a 52 week low of $25.25 and a 52 week high of $37.23.

Fidelity Disruptors ETF Increases Dividend

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

Institutional Inflows and Outflows

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

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.