Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Rises By 75.0%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 700 shares, an increase of 75.0% from the January 31st total of 400 shares. Based on an average trading volume of 8,300 shares, the short-interest ratio is presently 0.1 days.

Fidelity Disruptors ETF Trading Down 0.9 %

NASDAQ FDIF opened at $30.87 on Tuesday. The business’s 50-day moving average price is $32.62 and its 200 day moving average price is $31.44. Fidelity Disruptors ETF has a twelve month low of $24.60 and a twelve month high of $33.94. The company has a market capitalization of $89.53 million, a PE ratio of 30.58 and a beta of 1.27.

Fidelity Disruptors ETF Increases Dividend

The business also recently disclosed 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. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend was Friday, December 20th.

Hedge Funds Weigh In On Fidelity Disruptors ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. acquired a new position in shares of Fidelity Disruptors ETF in the 4th quarter valued at $26,000. Corient Private Wealth LLC purchased a new position in shares of Fidelity Disruptors ETF in the 4th quarter worth $281,000. Kovack Advisors Inc. boosted its holdings in Fidelity Disruptors ETF by 20.6% in the third quarter. Kovack Advisors Inc. now owns 12,300 shares of the company’s stock valued at $373,000 after acquiring an additional 2,100 shares during the last quarter. Finally, Sfmg LLC boosted its holdings in Fidelity Disruptors ETF by 8.1% in the third quarter. Sfmg LLC now owns 189,092 shares of the company’s stock valued at $5,737,000 after acquiring an additional 14,225 shares during the last quarter.

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.