Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Sees Large Growth in Short Interest

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 348 shares, a growth of 117.5% from the December 15th total of 160 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,166 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 4,166 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Fidelity Disruptive Finance ETF

Institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. boosted its stake in shares of Fidelity Disruptive Finance ETF by 443.5% in the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock worth $42,000 after buying an additional 887 shares during the last quarter. Virtu Financial LLC purchased a new stake in Fidelity Disruptive Finance ETF in the 3rd quarter worth approximately $263,000. Finally, AE Wealth Management LLC acquired a new stake in shares of Fidelity Disruptive Finance ETF during the 2nd quarter worth approximately $381,000.

Fidelity Disruptive Finance ETF Price Performance

FDFF traded down $0.07 during trading on Wednesday, reaching $35.86. 3,448 shares of the company’s stock were exchanged, compared to its average volume of 3,612. Fidelity Disruptive Finance ETF has a 1 year low of $29.92 and a 1 year high of $39.78. The company’s fifty day simple moving average is $35.24 and its 200-day simple moving average is $36.52. The stock has a market capitalization of $46.61 million, a P/E ratio of 24.27 and a beta of 1.32.

Fidelity Disruptive Finance ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were given a dividend of $0.048 per share. The ex-dividend date was Friday, December 19th. This represents a $0.19 dividend on an annualized basis and a yield of 0.5%.

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.