Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Update

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 67 shares, a decline of 54.1% from the May 31st total of 146 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Fidelity Disruptive Finance ETF

A number of institutional investors have recently bought and sold shares of FDFF. Osaic Holdings Inc. lifted its position in Fidelity Disruptive Finance ETF by 443.5% during the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after purchasing an additional 887 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Fidelity Disruptive Finance ETF during the 3rd quarter valued at $263,000. Raleigh Capital Management Inc. purchased a new position in shares of Fidelity Disruptive Finance ETF during the 4th quarter valued at $39,000. Key Capital Management INC purchased a new position in shares of Fidelity Disruptive Finance ETF during the 4th quarter valued at $25,000. Finally, Jane Street Group LLC boosted its holdings in Fidelity Disruptive Finance ETF by 532.8% in the 4th quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock worth $3,208,000 after buying an additional 75,824 shares during the period.

Fidelity Disruptive Finance ETF Price Performance

Shares of FDFF traded down $0.01 on Tuesday, reaching $32.97. The company’s stock had a trading volume of 1,914 shares, compared to its average volume of 3,564. Fidelity Disruptive Finance ETF has a 12-month low of $30.16 and a 12-month high of $39.15. The stock has a market capitalization of $39.56 million, a P/E ratio of 24.27 and a beta of 1.14. The stock’s 50 day simple moving average is $33.20 and its two-hundred day simple moving average is $33.61.

Fidelity Disruptive Finance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a dividend of $0.188 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.75 annualized dividend and a dividend yield of 2.3%. This is a boost from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05.

About Fidelity Disruptive Finance ETF

The Fidelity Disruptive Finance ETF (FDFF) 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 disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.