Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Up 100.0% in November

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, an increase of 100.0% from the October 31st total of 100 shares. Based on an average trading volume of 8,000 shares, the days-to-cover ratio is presently 0.0 days.

Fidelity Disruptors ETF Trading Up 0.7 %

Shares of FDIF stock traded up $0.22 during trading hours on Friday, hitting $32.52. 2,352 shares of the company were exchanged, compared to its average volume of 11,195. Fidelity Disruptors ETF has a 1 year low of $24.44 and a 1 year high of $32.56. The firm has a fifty day moving average of $31.05 and a 200 day moving average of $29.57.

Fidelity Disruptors ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Friday, September 20th were issued a dividend of $0.026 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.32%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its holdings in Fidelity Disruptors ETF by 10.2% in the second quarter. Commonwealth Equity Services LLC now owns 10,936 shares of the company’s stock valued at $316,000 after buying an additional 1,014 shares during the period. Kovack Advisors Inc. increased its position in shares of Fidelity Disruptors ETF by 20.6% in the third quarter. Kovack Advisors Inc. now owns 12,300 shares of the company’s stock worth $373,000 after acquiring an additional 2,100 shares in the last quarter. Finally, Sfmg LLC increased its position in shares of Fidelity Disruptors ETF by 1.2% in the second quarter. Sfmg LLC now owns 174,867 shares of the company’s stock worth $5,045,000 after acquiring an additional 1,997 shares in the last quarter.

Fidelity Disruptors ETF Company Profile

The Fidelity Disruptors ETF (FDIF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds that holds a suite of global Fidelity ETFs, all of which are tied with disruptive technologies in automation, communications, finance, medicine, and technology.