Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Up 550.0% in December

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,900 shares, an increase of 550.0% from the December 15th total of 600 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is presently 0.5 days.

Fidelity Disruptors ETF Stock Performance

Fidelity Disruptors ETF stock traded up $0.14 during midday trading on Tuesday, hitting $31.43. 12,218 shares of the stock were exchanged, compared to its average volume of 11,887. Fidelity Disruptors ETF has a 1 year low of $24.60 and a 1 year high of $33.39. The company has a 50 day moving average price of $32.15 and a two-hundred day moving average price of $30.39.

Fidelity Disruptors ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were issued a dividend of $0.043 per share. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend was Friday, December 20th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Sfmg LLC boosted its holdings in shares of Fidelity Disruptors ETF by 8.1% in the 3rd quarter. Sfmg LLC now owns 189,092 shares of the company’s stock valued at $5,737,000 after buying an additional 14,225 shares during the period. Kovack Advisors Inc. boosted its holdings in shares of Fidelity Disruptors ETF by 20.6% in the 3rd quarter. Kovack Advisors Inc. now owns 12,300 shares of the company’s stock valued at $373,000 after buying an additional 2,100 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in Fidelity Disruptors ETF by 10.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 10,936 shares of the company’s stock valued at $316,000 after purchasing an additional 1,014 shares during the period.

About Fidelity Disruptors ETF

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.