Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Update

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,899 shares, a decrease of 54.1% from the May 31st total of 4,137 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 54,584 shares, the days-to-cover ratio is presently 0.0 days.

Fidelity Crypto Industry and Digital Payments ETF Trading Down 2.3%

Fidelity Crypto Industry and Digital Payments ETF stock traded down $0.99 during mid-day trading on Tuesday, reaching $42.73. The company had a trading volume of 41,749 shares, compared to its average volume of 51,233. The business has a fifty day simple moving average of $43.97 and a 200 day simple moving average of $40.26. The company has a market cap of $277.75 million, a P/E ratio of 19.69 and a beta of 2.98. Fidelity Crypto Industry and Digital Payments ETF has a fifty-two week low of $30.64 and a fifty-two week high of $60.29.

Fidelity Crypto Industry and Digital Payments ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a dividend of $0.153 per share. This is a positive change from Fidelity Crypto Industry and Digital Payments ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.61 annualized dividend and a dividend yield of 1.4%.

Hedge Funds Weigh In On Fidelity Crypto Industry and Digital Payments ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC grew its holdings in shares of Fidelity Crypto Industry and Digital Payments ETF by 244.2% during the first quarter. Jane Street Group LLC now owns 138,654 shares of the company’s stock worth $3,360,000 after purchasing an additional 98,374 shares during the last quarter. Financial Engines Advisors L.L.C. acquired a new position in shares of Fidelity Crypto Industry and Digital Payments ETF in the third quarter valued at approximately $4,633,000. Bank of America Corp DE raised its holdings in Fidelity Crypto Industry and Digital Payments ETF by 968.5% in the 3rd quarter. Bank of America Corp DE now owns 66,683 shares of the company’s stock valued at $3,273,000 after buying an additional 60,442 shares during the last quarter. Mutual Advisors LLC raised its holdings in Fidelity Crypto Industry and Digital Payments ETF by 4.4% in the 4th quarter. Mutual Advisors LLC now owns 54,915 shares of the company’s stock valued at $2,116,000 after buying an additional 2,339 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its position in Fidelity Crypto Industry and Digital Payments ETF by 18.7% during the 1st quarter. Kestra Advisory Services LLC now owns 45,445 shares of the company’s stock worth $1,490,000 after buying an additional 7,149 shares during the period.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume. FDIG was launched on Apr 19, 2022 and is managed by Fidelity.