Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Update

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 348 shares, a growth of 117.5% from the December 15th total of 160 shares. Based on an average daily trading volume, of 4,166 shares, the short-interest ratio is presently 0.1 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 4,166 shares, the short-interest ratio is presently 0.1 days.

Fidelity Disruptive Finance ETF Stock Performance

FDFF stock traded up $0.18 during midday trading on Thursday, reaching $36.23. The stock had a trading volume of 2,481 shares, compared to its average volume of 3,609. The firm has a fifty day simple moving average of $35.26 and a two-hundred day simple moving average of $36.52. The stock has a market cap of $47.09 million, a PE ratio of 24.27 and a beta of 1.32. Fidelity Disruptive Finance ETF has a 52-week low of $29.92 and a 52-week high of $39.78.

Fidelity Disruptive Finance ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were given a dividend of $0.048 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.19 dividend on an annualized basis and a yield of 0.5%.

Institutional Trading of Fidelity Disruptive Finance ETF

Several large investors have recently made changes to their positions in FDFF. AE Wealth Management LLC raised its holdings in shares of Fidelity Disruptive Finance ETF by 103.0% during the third quarter. AE Wealth Management LLC now owns 20,224 shares of the company’s stock worth $732,000 after purchasing an additional 10,260 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Fidelity Disruptive Finance ETF during the 3rd quarter valued at about $263,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Fidelity Disruptive Finance ETF by 443.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after buying an additional 887 shares during the period.

Fidelity Disruptive Finance ETF Company Profile

The Fidelity Disruptive Finance ETF (FDFF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.