Short Interest in Fidelity Disruptive Communications ETF (NASDAQ:FDCF) Drops By 66.2%

Fidelity Disruptive Communications ETF (NASDAQ:FDCFGet Free Report) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 503 shares, a decrease of 66.2% from the February 12th total of 1,487 shares. Based on an average trading volume of 7,643 shares, the short-interest ratio is currently 0.1 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 trading volume of 7,643 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Fidelity Disruptive Communications ETF

Hedge funds have recently modified their holdings of the business. VestGen Advisors LLC acquired a new stake in shares of Fidelity Disruptive Communications ETF during the 4th quarter worth about $276,000. Align Financial LLC acquired a new position in Fidelity Disruptive Communications ETF in the fourth quarter valued at about $2,311,000. Key Capital Management INC acquired a new position in Fidelity Disruptive Communications ETF in the fourth quarter valued at about $29,000. Raleigh Capital Management Inc. purchased a new position in Fidelity Disruptive Communications ETF during the fourth quarter worth about $44,000. Finally, BXM Wealth LLC purchased a new position in Fidelity Disruptive Communications ETF during the fourth quarter worth about $257,000.

Fidelity Disruptive Communications ETF Stock Up 1.0%

FDCF stock opened at $45.31 on Wednesday. The business has a fifty day moving average of $46.82 and a two-hundred day moving average of $47.63. The stock has a market cap of $99.68 million, a price-to-earnings ratio of 26.94 and a beta of 1.19. Fidelity Disruptive Communications ETF has a 52-week low of $31.11 and a 52-week high of $53.48.

Fidelity Disruptive Communications ETF Company Profile

(Get Free Report)

The Fidelity Disruptive Communications ETF (FDCF) 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 companies tied with disruptive technologies in communications services. The fund invests in securities of domestic and foreign issuers FDCF was launched on Apr 16, 2020 and is managed by Fidelity.

See Also

Receive News & Ratings for Fidelity Disruptive Communications ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Disruptive Communications ETF and related companies with MarketBeat.com's FREE daily email newsletter.