Fidelity Disruptors ETF (NASDAQ:FDIF) Sees Significant Increase in Short Interest

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,900 shares, an increase of 550.0% from the December 15th total of 600 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is presently 0.5 days.

Fidelity Disruptors ETF Stock Up 1.6 %

Shares of FDIF traded up $0.51 during mid-day trading on Wednesday, hitting $31.94. 3,676 shares of the company were exchanged, compared to its average volume of 10,975. Fidelity Disruptors ETF has a 1-year low of $24.60 and a 1-year high of $33.39. The company has a 50 day moving average of $32.16 and a 200-day moving average of $30.41.

Fidelity Disruptors ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a dividend of $0.043 per share. The ex-dividend date was Friday, December 20th. This is a boost from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.54%.

Hedge Funds Weigh In On Fidelity Disruptors ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of FDIF. Sfmg LLC raised its position in shares of Fidelity Disruptors ETF by 1.2% during the 2nd quarter. Sfmg LLC now owns 174,867 shares of the company’s stock worth $5,045,000 after acquiring an additional 1,997 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Fidelity Disruptors ETF by 10.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 10,936 shares of the company’s stock valued at $316,000 after purchasing an additional 1,014 shares during the last quarter. Finally, Kovack Advisors Inc. grew its stake in shares of Fidelity Disruptors ETF by 20.6% in the 3rd quarter. Kovack Advisors Inc. now owns 12,300 shares of the company’s stock valued at $373,000 after purchasing an additional 2,100 shares during the last quarter.

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.