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

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 121,600 shares, a growth of 20.6% from the November 15th total of 100,800 shares. Based on an average trading volume of 78,000 shares, the short-interest ratio is presently 1.6 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Fidelity Crypto Industry and Digital Payments ETF stock. Sunbelt Securities Inc. lifted its stake in Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) by 160.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,400 shares of the company’s stock after acquiring an additional 5,172 shares during the period. Sunbelt Securities Inc. owned approximately 0.23% of Fidelity Crypto Industry and Digital Payments ETF worth $229,000 at the end of the most recent reporting period.

Fidelity Crypto Industry and Digital Payments ETF Stock Performance

Shares of Fidelity Crypto Industry and Digital Payments ETF stock traded down $0.26 during trading on Friday, reaching $38.89. The company’s stock had a trading volume of 99,972 shares, compared to its average volume of 75,082. Fidelity Crypto Industry and Digital Payments ETF has a one year low of $19.50 and a one year high of $43.70. The firm has a market cap of $140.00 million, a price-to-earnings ratio of 10.94 and a beta of 3.84. The business’s fifty day moving average price is $34.36 and its 200-day moving average price is $30.37.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

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.