Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Declines By 22.2%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 126 shares, a decline of 22.2% from the February 12th total of 162 shares. Based on an average daily volume of 7,325 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 7,325 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Fidelity Disruptors ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Sfmg LLC grew its position in shares of 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 buying an additional 10,686 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Fidelity Disruptors ETF by 8.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,019 shares of the company’s stock worth $214,000 after acquiring an additional 455 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in shares of Fidelity Disruptors ETF in the 4th quarter worth $36,000. Jane Street Group LLC purchased a new stake in shares of Fidelity Disruptors ETF during the 2nd quarter worth $2,207,000. Finally, Commonwealth Equity Services LLC grew its stake in Fidelity Disruptors ETF by 5.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock valued at $428,000 after purchasing an additional 579 shares during the last quarter.

Fidelity Disruptors ETF Stock Performance

Shares of NASDAQ FDIF traded up $0.24 during midday trading on Tuesday, hitting $33.99. 2,148 shares of the stock traded hands, compared to its average volume of 7,499. The firm has a market capitalization of $95.17 million, a P/E ratio of 27.66 and a beta of 1.26. The firm has a 50-day moving average of $35.36 and a two-hundred day moving average of $35.48. Fidelity Disruptors ETF has a one year low of $25.25 and a one year high of $37.23.

Fidelity Disruptors ETF Increases Dividend

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

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.