Fidelity Disruptive Communications ETF (NASDAQ:FDCF) Stock Short Interest Report for October

Fidelity Disruptive Communications ETF (NASDAQ:FDCF) saw a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 864 shares, a decrease of 93.3% from the October 15th total of 12,846 shares. Based on an average daily trading volume, of 6,575 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Fidelity Disruptive Communications ETF Price Performance

NASDAQ FDCF traded down $0.08 during mid-day trading on Tuesday, reaching $50.36. The stock had a trading volume of 15,605 shares, compared to its average volume of 9,915. The stock has a market cap of $100.72 million, a PE ratio of 21.91 and a beta of 1.24. Fidelity Disruptive Communications ETF has a 1 year low of $41.23 and a 1 year high of $53.00. The company has a fifty day moving average price of $50.75 and a 200 day moving average price of $48.64.

Institutional Investors Weigh In On Fidelity Disruptive Communications ETF

Hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC purchased a new stake in Fidelity Disruptive Communications ETF in the third quarter worth about $238,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of Fidelity Disruptive Communications ETF by 51.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 24,818 shares of the company’s stock valued at $1,240,000 after buying an additional 8,442 shares in the last quarter. Finally, POM Investment Strategies LLC lifted its position in shares of Fidelity Disruptive Communications ETF by 113.0% during the 2nd quarter. POM Investment Strategies LLC now owns 15,309 shares of the company’s stock valued at $765,000 after buying an additional 8,123 shares in the last quarter.

About Fidelity Disruptive Communications ETF

The Fidelity Disruptive Communications ETF (FDCF) 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 companies tied with disruptive technologies in communications services. The fund invests in securities of domestic and foreign issuers FDCF was launched on Apr 16, 2020 and is managed by Fidelity.