Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Up 144.8% in June

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 923 shares, a growth of 144.8% from the May 31st total of 377 shares. Based on an average daily volume of 4,528 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Fidelity Disruptors ETF Stock Up 1.6%

NASDAQ:FDIF traded up $0.63 during trading hours on Monday, reaching $39.70. 2,925 shares of the stock were exchanged, compared to its average volume of 6,217. The business has a 50-day moving average of $38.09 and a two-hundred day moving average of $36.12. Fidelity Disruptors ETF has a twelve month low of $31.31 and a twelve month high of $40.05. The company has a market capitalization of $107.19 million, a price-to-earnings ratio of 27.66 and a beta of 1.25.

Fidelity Disruptors ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a dividend of $0.034 per share. This represents a $0.14 dividend on an annualized basis and a yield of 0.3%. This is a boost from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, June 18th.

Institutional Investors Weigh In On Fidelity Disruptors ETF

A number of hedge funds have recently added to or reduced their stakes in FDIF. Godfrey Financial Associates Inc. acquired a new stake in shares of Fidelity Disruptors ETF in the fourth quarter valued at $36,000. Bank of Montreal Can increased its holdings in Fidelity Disruptors ETF by 40.0% during the 4th quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock worth $69,000 after purchasing an additional 550 shares during the period. Kestra Advisory Services LLC acquired a new stake in Fidelity Disruptors ETF in the 4th quarter valued at about $75,000. Osaic Holdings Inc. boosted its stake in shares of Fidelity Disruptors ETF by 340.7% in the 2nd quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock valued at $278,000 after buying an additional 6,364 shares during the period. Finally, MFA Wealth Services grew its position in shares of Fidelity Disruptors ETF by 2.7% during the third 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.

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.