Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Increases By 210.0%

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 6,290 shares, a growth of 210.0% from the April 15th total of 2,029 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 5,154 shares, the days-to-cover ratio is presently 1.2 days.

Fidelity Disruptors ETF Trading Up 0.5%

NASDAQ FDIF traded up $0.18 during trading hours on Thursday, hitting $38.16. 4,266 shares of the company’s stock traded hands, compared to its average volume of 6,919. The business’s fifty day moving average price is $35.03 and its two-hundred day moving average price is $35.43. The firm has a market capitalization of $103.03 million, a P/E ratio of 27.66 and a beta of 1.25. Fidelity Disruptors ETF has a 52 week low of $31.31 and a 52 week high of $38.25.

Fidelity Disruptors ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were given a dividend of $0.016 per share. This represents a $0.06 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, March 20th.

Institutional Trading of Fidelity Disruptors ETF

Several large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in shares of Fidelity Disruptors ETF in the second quarter worth approximately $2,207,000. Sfmg LLC boosted its position in shares of Fidelity Disruptors ETF by 3.8% during the fourth quarter. Sfmg LLC now owns 219,730 shares of the company’s stock worth $7,868,000 after acquiring an additional 8,077 shares during the last quarter. Osaic Holdings Inc. boosted its position in shares of Fidelity Disruptors ETF by 340.7% during the second quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock worth $278,000 after acquiring an additional 6,364 shares during the last quarter. Kestra Advisory Services LLC bought a new position in Fidelity Disruptors ETF during the fourth quarter valued at $75,000. Finally, Godfrey Financial Associates Inc. bought a new position in Fidelity Disruptors ETF during the fourth quarter valued at $36,000.

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.