Fidelity Disruptors ETF (NASDAQ:FDIF) Sees Large Decrease in Short Interest

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a significant decrease in short interest in October. As of October 30th, there was short interest totaling 190 shares, a decrease of 90.0% from the October 15th total of 1,901 shares. Based on an average daily trading volume, of 25,013 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. MFA Wealth Services boosted its stake in Fidelity Disruptors ETF by 4.5% in the 3rd quarter. MFA Wealth Services now owns 12,229 shares of the company’s stock worth $510,000 after purchasing an additional 525 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of Fidelity Disruptors ETF by 17.7% during the second quarter. Citadel Advisors LLC now owns 10,568 shares of the company’s stock valued at $428,000 after purchasing an additional 1,591 shares during the last quarter. Finally, Commonwealth Equity Services LLC purchased a new position in shares of Fidelity Disruptors ETF during the third quarter valued at approximately $675,000.

Fidelity Disruptors ETF Price Performance

FDIF traded up $0.01 on Wednesday, hitting $38.90. The company had a trading volume of 1,621 shares, compared to its average volume of 8,464. Fidelity Disruptors ETF has a 52-week low of $31.31 and a 52-week high of $42.84. The firm has a market capitalization of $93.35 million, a P/E ratio of 27.24 and a beta of 1.26. The stock has a fifty day simple moving average of $40.97 and a 200-day simple moving average of $38.26.

Fidelity Disruptors ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Friday, September 18th were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, September 18th. This is a negative change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.0340.

About Fidelity Disruptors ETF

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.