Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Decreases By 42.3%

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 135 shares, a drop of 42.3% from the January 15th total of 234 shares. Based on an average daily volume of 5,402 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 5,402 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Fidelity Disruptors ETF

Several institutional investors have recently added to or reduced their stakes in FDIF. Sfmg LLC raised its stake in Fidelity Disruptors ETF by 5.8% during the second quarter. Sfmg LLC now owns 194,170 shares of the company’s stock worth $6,551,000 after acquiring an additional 10,686 shares during the period. Farther Finance Advisors LLC lifted its stake in Fidelity Disruptors ETF by 8.2% in the third quarter. Farther Finance Advisors LLC now owns 6,019 shares of the company’s stock valued at $214,000 after buying an additional 455 shares during the last quarter. MFA Wealth Services lifted its stake in Fidelity Disruptors ETF by 2.7% in the third quarter. MFA Wealth Services now owns 11,476 shares of the company’s stock valued at $408,000 after buying an additional 298 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in shares of Fidelity Disruptors ETF during the fourth quarter valued at $36,000. Finally, Commonwealth Equity Services LLC grew its position in shares of Fidelity Disruptors ETF by 5.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock worth $428,000 after acquiring an additional 579 shares during the last quarter.

Fidelity Disruptors ETF Trading Up 0.5%

NASDAQ:FDIF traded up $0.16 during trading hours on Friday, hitting $34.36. The stock had a trading volume of 6,975 shares, compared to its average volume of 8,636. The company has a market cap of $96.22 million, a PE ratio of 27.66 and a beta of 1.26. The business has a 50 day simple moving average of $35.97 and a two-hundred day simple moving average of $35.43. Fidelity Disruptors ETF has a 1-year low of $25.25 and a 1-year high of $37.23.

Fidelity Disruptors ETF Increases Dividend

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

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.