Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Update

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 1,974 shares, a drop of 62.9% from the February 12th total of 5,319 shares. Based on an average daily trading volume, of 2,871 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 2,871 shares, the short-interest ratio is presently 0.7 days.

Fidelity Disruptive Finance ETF Stock Performance

Shares of NASDAQ FDFF opened at $32.08 on Wednesday. The firm has a 50 day moving average price of $34.40 and a two-hundred day moving average price of $35.34. The stock has a market cap of $41.70 million, a P/E ratio of 24.27 and a beta of 1.32. Fidelity Disruptive Finance ETF has a 52-week low of $29.92 and a 52-week high of $39.15.

Fidelity Disruptive Finance ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were given a dividend of $0.048 per share. This represents a $0.19 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Investors Weigh In On Fidelity Disruptive Finance ETF

Institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC increased its stake in shares of Fidelity Disruptive Finance ETF by 532.8% in the fourth quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock valued at $3,208,000 after buying an additional 75,824 shares during the period. AE Wealth Management LLC lifted its stake in shares of Fidelity Disruptive Finance ETF by 103.0% in the third quarter. AE Wealth Management LLC now owns 20,224 shares of the company’s stock worth $732,000 after acquiring an additional 10,260 shares during the period. Virtu Financial LLC bought a new stake in Fidelity Disruptive Finance ETF in the third quarter valued at approximately $263,000. Raleigh Capital Management Inc. acquired a new stake in Fidelity Disruptive Finance ETF during the 4th quarter valued at approximately $39,000. Finally, Osaic Holdings Inc. increased its position in Fidelity Disruptive Finance ETF by 443.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after purchasing an additional 887 shares during the period.

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.