Fidelity Disruptors ETF (NASDAQ:FDIF) Sees Large Growth in Short Interest

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 162 shares, a growth of 20.0% from the January 29th total of 135 shares. Based on an average trading volume of 11,882 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 11,882 shares, the short-interest ratio is currently 0.0 days.

Fidelity Disruptors ETF Trading Down 1.6%

Shares of Fidelity Disruptors ETF stock opened at $34.58 on Wednesday. The stock has a market capitalization of $96.82 million, a price-to-earnings ratio of 27.66 and a beta of 1.26. Fidelity Disruptors ETF has a twelve month low of $25.25 and a twelve month high of $37.23. The business’s 50 day simple moving average is $35.72 and its 200-day simple moving average is $35.50.

Fidelity Disruptors ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were issued a dividend of $0.033 per share. This represents a $0.13 annualized dividend and a dividend yield of 0.4%. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Trading of Fidelity Disruptors ETF

Hedge funds have recently bought and sold shares of the company. Sfmg LLC grew its position in Fidelity Disruptors ETF by 5.8% in the 2nd quarter. Sfmg LLC now owns 194,170 shares of the company’s stock worth $6,551,000 after purchasing an additional 10,686 shares during the last quarter. MFA Wealth Services grew its holdings in Fidelity Disruptors ETF by 2.7% in 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 in the last quarter. Farther Finance Advisors LLC grew its holdings in Fidelity Disruptors ETF by 8.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,019 shares of the company’s stock worth $214,000 after buying an additional 455 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new stake in Fidelity Disruptors ETF in the 4th quarter valued at approximately $36,000. Finally, Jane Street Group LLC bought a new stake in Fidelity Disruptors ETF during the 2nd quarter valued at $2,207,000.

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.