Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Update

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 2,163 shares, a drop of 96.4% from the April 15th total of 60,105 shares. Based on an average daily trading volume, of 40,997 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Fidelity Crypto Industry and Digital Payments ETF

Institutional investors have recently bought and sold shares of the company. Allworth Financial LP acquired a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the 4th quarter valued at about $27,000. Birchwood Financial Partners Inc. purchased a new position in shares of Fidelity Crypto Industry and Digital Payments ETF in the 4th quarter valued at about $34,000. Ameritas Advisory Services LLC acquired a new position in shares of Fidelity Crypto Industry and Digital Payments ETF during the 3rd quarter worth about $101,000. Advisory Services Network LLC acquired a new stake in Fidelity Crypto Industry and Digital Payments ETF during the 3rd quarter worth $129,000. Finally, AE Wealth Management LLC increased its holdings in shares of Fidelity Crypto Industry and Digital Payments ETF by 58.5% in the 3rd quarter. AE Wealth Management LLC now owns 3,602 shares of the company’s stock valued at $177,000 after acquiring an additional 1,330 shares during the period.

Fidelity Crypto Industry and Digital Payments ETF Stock Down 5.1%

FDIG traded down $2.34 during midday trading on Tuesday, reaching $43.28. The company had a trading volume of 33,111 shares, compared to its average volume of 51,963. The company has a market cap of $281.32 million, a P/E ratio of 19.69 and a beta of 2.96. The business has a 50-day moving average of $37.41 and a two-hundred day moving average of $40.66. Fidelity Crypto Industry and Digital Payments ETF has a 1 year low of $28.86 and a 1 year high of $60.29.

Fidelity Crypto Industry and Digital Payments ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were issued a $0.032 dividend. This represents a $0.13 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, March 20th.

About Fidelity Crypto Industry and Digital Payments ETF

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.