Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Decreases By 63.1%

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,270 shares, a drop of 63.1% from the November 30th total of 3,439 shares. Based on an average daily trading volume, of 8,221 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 8,221 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Fidelity Disruptors ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in FDIF. Farther Finance Advisors LLC boosted its stake in shares of Fidelity Disruptors ETF by 43.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 5,564 shares of the company’s stock valued at $188,000 after purchasing an additional 1,681 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in Fidelity Disruptors ETF by 340.7% in the second quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock valued at $278,000 after buying an additional 6,364 shares during the period. MFA Wealth Services bought a new position in Fidelity Disruptors ETF in the second quarter valued at approximately $377,000. Jane Street Group LLC bought a new position in Fidelity Disruptors ETF in the second quarter valued at approximately $2,207,000. Finally, Sfmg LLC grew its holdings in Fidelity Disruptors ETF by 5.8% during the 2nd quarter. Sfmg LLC now owns 194,170 shares of the company’s stock worth $6,551,000 after acquiring an additional 10,686 shares during the period.

Fidelity Disruptors ETF Price Performance

Shares of NASDAQ:FDIF traded down $0.01 during trading on Friday, reaching $36.23. 2,356 shares of the company’s stock traded hands, compared to its average volume of 7,257. The stock has a market capitalization of $101.44 million, a P/E ratio of 27.66 and a beta of 1.26. Fidelity Disruptors ETF has a 12 month low of $25.25 and a 12 month high of $36.74. The company has a 50 day moving average of $35.64 and a 200-day moving average of $34.82.

Fidelity Disruptors ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a $0.033 dividend. This is an increase from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.13 annualized dividend and a dividend yield of 0.4%.

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. FDIF was launched on Apr 16, 2020 and is managed by Fidelity.