Fidelity Disruptive Communications ETF (NASDAQ:FDCF) Short Interest Update

Fidelity Disruptive Communications ETF (NASDAQ:FDCF) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 20,100 shares, a growth of 18.2% from the September 15th total of 17,000 shares. Based on an average trading volume of 5,200 shares, the short-interest ratio is presently 3.9 days.

Fidelity Disruptive Communications ETF Stock Performance

Shares of Fidelity Disruptive Communications ETF stock traded up $0.18 on Wednesday, reaching $37.81. The stock had a trading volume of 1,766 shares, compared to its average volume of 5,511. The business’s 50-day moving average price is $35.30 and its two-hundred day moving average price is $34.30. The stock has a market cap of $53.31 million, a P/E ratio of 30.80 and a beta of 1.41. Fidelity Disruptive Communications ETF has a fifty-two week low of $23.66 and a fifty-two week high of $38.41.

Institutional Investors Weigh In On Fidelity Disruptive Communications ETF

An institutional investor recently bought a new position in Fidelity Disruptive Communications ETF stock. Cape Investment Advisory Inc. bought a new stake in shares of Fidelity Disruptive Communications ETF (NASDAQ:FDCF) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 890 shares of the company’s stock, valued at approximately $28,000. Cape Investment Advisory Inc. owned about 0.06% of Fidelity Disruptive Communications ETF at the end of the most recent reporting period.

Fidelity Disruptive Communications ETF Company Profile

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.