Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Up 117.5% in December

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 348 shares, a growth of 117.5% from the December 15th total of 160 shares. Based on an average daily volume of 4,166 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 4,166 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Fidelity Disruptive Finance ETF

Several institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. lifted its position in shares of Fidelity Disruptive Finance ETF by 443.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock worth $42,000 after purchasing an additional 887 shares during the period. Virtu Financial LLC bought a new stake in shares of Fidelity Disruptive Finance ETF during the 3rd quarter valued at $263,000. Finally, AE Wealth Management LLC purchased a new stake in Fidelity Disruptive Finance ETF during the 2nd quarter valued at approximately $381,000.

Fidelity Disruptive Finance ETF Stock Performance

Shares of NASDAQ FDFF traded up $0.31 during trading on Friday, hitting $36.45. 2,726 shares of the company traded hands, compared to its average volume of 3,593. Fidelity Disruptive Finance ETF has a fifty-two week low of $29.92 and a fifty-two week high of $39.78. The firm has a market capitalization of $47.38 million, a price-to-earnings ratio of 24.27 and a beta of 1.32. The business’s fifty day moving average is $35.29 and its 200 day moving average is $36.51.

Fidelity Disruptive Finance ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were paid a $0.048 dividend. The ex-dividend date was Friday, December 19th. This represents a $0.19 annualized dividend and a dividend yield of 0.5%.

Fidelity Disruptive Finance ETF Company Profile

The Fidelity Disruptive Finance ETF (FDFF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.