Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Decreases By 42.3%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 135 shares, a decline of 42.3% from the January 15th total of 234 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 5,402 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 5,402 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Fidelity Disruptors ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sfmg LLC increased its stake in Fidelity Disruptors ETF by 3.8% in the 4th quarter. Sfmg LLC now owns 219,730 shares of the company’s stock valued at $7,868,000 after purchasing an additional 8,077 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Fidelity Disruptors ETF in the second quarter valued at $2,207,000. Commonwealth Equity Services LLC increased its position in shares of Fidelity Disruptors ETF by 5.1% in the fourth 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 in the last quarter. MFA Wealth Services raised its stake in shares of Fidelity Disruptors ETF by 2.7% during the 3rd quarter. MFA Wealth Services now owns 11,476 shares of the company’s stock worth $408,000 after buying an additional 298 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of Fidelity Disruptors ETF by 340.7% in the second quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock valued at $278,000 after purchasing an additional 6,364 shares during the last quarter.

Fidelity Disruptors ETF Trading Up 0.5%

Shares of NASDAQ:FDIF traded up $0.16 during midday trading on Friday, hitting $34.36. The stock had a trading volume of 6,975 shares, compared to its average volume of 8,636. Fidelity Disruptors ETF has a 1 year low of $25.25 and a 1 year high of $37.23. The stock has a 50 day moving average price of $35.97 and a two-hundred day moving average price of $35.43. The company has a market capitalization of $96.22 million, a PE ratio of 27.66 and a beta of 1.26.

Fidelity Disruptors ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were given a dividend of $0.033 per share. This represents a $0.13 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Friday, December 19th. This is an increase from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02.

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.