Fidelity Disruptors ETF (NASDAQ:FDIF) Sees Significant Growth in Short Interest

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 923 shares, an increase of 144.8% from the May 31st total of 377 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,528 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Fidelity Disruptors ETF

A number of hedge funds have recently bought and sold shares of FDIF. Godfrey Financial Associates Inc. bought a new stake in shares of Fidelity Disruptors ETF in the 4th quarter valued at approximately $36,000. Bank of Montreal Can boosted its holdings in Fidelity Disruptors ETF by 40.0% in the fourth quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock worth $69,000 after purchasing an additional 550 shares during the period. Osaic Holdings Inc. boosted its holdings in Fidelity Disruptors ETF by 340.7% in the second quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock worth $278,000 after purchasing an additional 6,364 shares during the period. Commonwealth Equity Services LLC increased its stake in Fidelity Disruptors ETF by 5.1% during 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. Finally, Jane Street Group LLC acquired a new stake in shares of Fidelity Disruptors ETF during the second quarter worth $2,207,000.

Fidelity Disruptors ETF Price Performance

FDIF traded up $0.42 during midday trading on Tuesday, reaching $40.33. 3,289 shares of the company’s stock were exchanged, compared to its average volume of 6,240. The stock has a market capitalization of $108.89 million, a PE ratio of 27.66 and a beta of 1.25. The business’s 50-day moving average price is $38.16 and its 200 day moving average price is $36.15. Fidelity Disruptors ETF has a 1-year low of $31.31 and a 1-year high of $40.40.

Fidelity Disruptors 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 paid a $0.034 dividend. This is a boost from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, June 18th. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.3%.

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.