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

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,490 shares, a drop of 24.5% from the February 26th total of 1,974 shares. Based on an average daily volume of 3,122 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Virtu Financial LLC acquired a new stake in shares of Fidelity Disruptive Finance ETF in the 3rd quarter valued at approximately $263,000. Jane Street Group LLC lifted its stake in Fidelity Disruptive Finance ETF by 532.8% in the 4th quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock valued at $3,208,000 after purchasing an additional 75,824 shares during the last quarter. Osaic Holdings Inc. boosted its position in Fidelity Disruptive Finance ETF by 443.5% in the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after buying an additional 887 shares in the last quarter. Key Capital Management INC acquired a new stake in Fidelity Disruptive Finance ETF in the fourth quarter valued at approximately $25,000. Finally, Raleigh Capital Management Inc. bought a new stake in shares of Fidelity Disruptive Finance ETF during the fourth quarter worth $39,000.

Fidelity Disruptive Finance ETF Stock Down 2.2%

FDFF opened at $30.19 on Friday. The stock has a market capitalization of $39.25 million, a price-to-earnings ratio of 24.27 and a beta of 1.32. Fidelity Disruptive Finance ETF has a twelve month low of $29.92 and a twelve month high of $39.15. The company has a 50-day simple moving average of $33.05 and a 200 day simple moving average of $34.78.

Fidelity Disruptive Finance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 20th were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05.

About Fidelity Disruptive Finance ETF

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.