Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Shares Shorted: Short Interest Up 9,914.7% in September

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 44,165 shares, a growth of 9,914.7% from the August 31st total of 441 shares. Approximately 3.7% of the company’s stock are sold short. Based on an average daily volume of 2,642 shares, the short-interest ratio is currently 16.7 days.

Fidelity Disruptive Finance ETF Stock Up 0.0%

FDFF stock traded up $0.01 during trading on Thursday, hitting $34.97. The company had a trading volume of 3,331 shares, compared to its average volume of 3,825. The firm has a 50-day moving average price of $36.51 and a 200-day moving average price of $34.15. Fidelity Disruptive Finance ETF has a 1-year low of $30.16 and a 1-year high of $38.40. The firm has a market cap of $41.96 million, a PE ratio of 24.27 and a beta of 1.12.

Fidelity Disruptive Finance ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Friday, September 18th were paid a $0.0640 dividend. This represents a $0.26 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, September 18th. This is a negative change from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.1880.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Fidelity Disruptive Finance ETF stock. Citadel Advisors LLC increased its holdings in shares of Fidelity Disruptive Finance ETF (NASDAQ:FDFF) by 123.5% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,845 shares of the company’s stock after purchasing an additional 17,596 shares during the quarter. Citadel Advisors LLC owned 2.65% of Fidelity Disruptive Finance ETF worth $1,054,000 as of its most recent filing with the SEC.

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.