Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Update

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 100,800 shares, an increase of 81.0% from the October 31st total of 55,700 shares. Based on an average daily volume of 63,900 shares, the short-interest ratio is presently 1.6 days.

Fidelity Crypto Industry and Digital Payments ETF Stock Up 7.8 %

NASDAQ FDIG traded up $2.86 during trading hours on Thursday, hitting $39.33. 120,664 shares of the company were exchanged, compared to its average volume of 71,726. The firm has a market cap of $141.59 million, a price-to-earnings ratio of 10.94 and a beta of 3.84. The company has a 50 day moving average of $31.59 and a two-hundred day moving average of $29.30. Fidelity Crypto Industry and Digital Payments ETF has a 52-week low of $19.18 and a 52-week high of $41.68.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

A number of large investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC grew its holdings in Fidelity Crypto Industry and Digital Payments ETF by 41.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 11,306 shares of the company’s stock worth $334,000 after acquiring an additional 3,325 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in Fidelity Crypto Industry and Digital Payments ETF by 160.2% in the third quarter. Sunbelt Securities Inc. now owns 8,400 shares of the company’s stock valued at $229,000 after buying an additional 5,172 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in Fidelity Crypto Industry and Digital Payments ETF in the first quarter valued at $9,474,000.

About Fidelity Crypto Industry and Digital Payments ETF

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume.