Short Interest in Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Declines By 80.9%

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 20,000 shares, a decrease of 80.9% from the December 31st total of 104,600 shares. Based on an average daily trading volume, of 106,000 shares, the short-interest ratio is presently 0.2 days.

Fidelity Crypto Industry and Digital Payments ETF Price Performance

Shares of Fidelity Crypto Industry and Digital Payments ETF stock traded up $0.32 during trading on Wednesday, hitting $33.83. The stock had a trading volume of 58,027 shares, compared to its average volume of 96,713. The stock has a market cap of $182.68 million, a PE ratio of 10.94 and a beta of 3.84. Fidelity Crypto Industry and Digital Payments ETF has a 12 month low of $20.40 and a 12 month high of $43.70. The firm’s fifty day simple moving average is $36.48 and its 200-day simple moving average is $31.70.

Fidelity Crypto Industry and Digital Payments ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 30th were paid a dividend of $0.006 per share. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

A hedge fund recently bought a new stake in Fidelity Crypto Industry and Digital Payments ETF stock. Prairie Wealth Advisors Inc. bought a new position in shares of Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,536 shares of the company’s stock, valued at approximately $310,000. Prairie Wealth Advisors Inc. owned 0.18% of Fidelity Crypto Industry and Digital Payments ETF as of its most recent SEC filing.

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.