Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Rises By 28.6%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 900 shares, a growth of 28.6% from the February 13th total of 700 shares. Based on an average daily volume of 8,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Fidelity Disruptors ETF Trading Up 1.5 %

Shares of FDIF stock traded up $0.45 during mid-day trading on Monday, reaching $30.76. The stock had a trading volume of 8,868 shares, compared to its average volume of 9,521. The stock’s 50-day moving average price is $32.34 and its two-hundred day moving average price is $31.51. Fidelity Disruptors ETF has a 52-week low of $24.60 and a 52-week high of $33.94. The firm has a market capitalization of $89.19 million, a PE ratio of 27.19 and a beta of 1.27.

Fidelity Disruptors ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were given a dividend of $0.043 per share. The ex-dividend date was Friday, December 20th. This represents a $0.17 annualized dividend and a dividend yield of 0.56%. This is a boost from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03.

Hedge Funds Weigh In On Fidelity Disruptors ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sfmg LLC increased its position in shares of Fidelity Disruptors ETF by 8.1% during the third 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. JPMorgan Chase & Co. purchased a new position in shares of Fidelity Disruptors ETF during the fourth quarter valued at about $26,000. Finally, Corient Private Wealth LLC purchased a new position in shares of Fidelity Disruptors ETF during the fourth quarter valued at about $281,000.

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.