Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Up 144.8% in June

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 923 shares, a growth of 144.8% from the May 31st total of 377 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 4,528 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Fidelity Disruptors ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new position in shares of Fidelity Disruptors ETF in the 2nd quarter valued at approximately $2,207,000. Commonwealth Equity Services LLC grew its position in Fidelity Disruptors ETF by 5.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock valued at $428,000 after buying an additional 579 shares during the last quarter. Osaic Holdings Inc. increased its stake in Fidelity Disruptors ETF by 340.7% in the 2nd quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock valued at $278,000 after buying an additional 6,364 shares during the period. Kestra Advisory Services LLC acquired a new position in Fidelity Disruptors ETF in the 4th quarter valued at $75,000. Finally, Bank of Montreal Can raised its position in Fidelity Disruptors ETF by 40.0% during the 4th quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock worth $69,000 after buying an additional 550 shares during the last quarter.

Fidelity Disruptors ETF Stock Up 1.6%

Fidelity Disruptors ETF stock traded up $0.63 during mid-day trading on Monday, hitting $39.70. The company had a trading volume of 2,925 shares, compared to its average volume of 6,217. The stock has a market cap of $107.19 million, a price-to-earnings ratio of 27.66 and a beta of 1.25. Fidelity Disruptors ETF has a 1 year low of $31.31 and a 1 year high of $40.05. The business has a fifty day moving average of $38.09 and a 200 day moving average of $36.12.

Fidelity Disruptors ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $0.034 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This is an increase from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. This represents a $0.14 annualized dividend and a dividend yield of 0.3%.

About Fidelity Disruptors ETF

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.