Short Interest in Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Declines By 54.1%

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,899 shares, a decline of 54.1% from the May 31st total of 4,137 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 54,584 shares, the days-to-cover ratio is currently 0.0 days.

Fidelity Crypto Industry and Digital Payments ETF Price Performance

FDIG stock opened at $43.88 on Monday. The company has a market capitalization of $285.22 million, a PE ratio of 19.69 and a beta of 2.98. Fidelity Crypto Industry and Digital Payments ETF has a 12 month low of $30.64 and a 12 month high of $60.29. The firm’s 50-day moving average is $43.90 and its 200 day moving average is $40.27.

Fidelity Crypto Industry and Digital Payments ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.153 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Fidelity Crypto Industry and Digital Payments ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, June 18th.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

A number of large investors have recently modified their holdings of the company. Allworth Financial LP bought a new position in Fidelity Crypto Industry and Digital Payments ETF in the fourth quarter worth approximately $27,000. Birchwood Financial Partners Inc. bought a new stake in Fidelity Crypto Industry and Digital Payments ETF during the 4th quarter valued at $34,000. Advisory Services Network LLC purchased a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF in the 3rd quarter worth $129,000. U.S. Capital Wealth Advisors LLC purchased a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF in the 4th quarter worth $202,000. Finally, Bank of America Corp DE bought a new position in shares of Fidelity Crypto Industry and Digital Payments ETF during the 2nd quarter worth $222,000.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume. FDIG was launched on Apr 19, 2022 and is managed by Fidelity.