Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Update

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 933 shares, a decrease of 71.2% from the July 15th total of 3,236 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 3,718 shares, the days-to-cover ratio is presently 0.3 days.

Fidelity Disruptors ETF Stock Performance

Shares of FDIF stock traded down $0.10 during mid-day trading on Friday, hitting $41.78. The company’s stock had a trading volume of 8,426 shares, compared to its average volume of 7,452. The company’s fifty day simple moving average is $39.48 and its 200-day simple moving average is $36.98. Fidelity Disruptors ETF has a 52 week low of $31.31 and a 52 week high of $42.00. The company has a market cap of $108.63 million, a PE ratio of 27.66 and a beta of 1.24.

Fidelity Disruptors ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $0.034 dividend. The ex-dividend date was Thursday, June 18th. This is an increase from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. This represents a $0.14 dividend on an annualized basis and a yield of 0.3%.

Hedge Funds Weigh In On Fidelity Disruptors ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC bought a new stake in shares of Fidelity Disruptors ETF in the 2nd quarter valued at $2,207,000. Osaic Holdings Inc. boosted its stake in Fidelity Disruptors ETF by 340.7% during the second quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock worth $278,000 after acquiring an additional 6,364 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in Fidelity Disruptors ETF during the fourth quarter worth $36,000. Sfmg LLC grew its holdings in Fidelity Disruptors ETF by 3.8% in the fourth quarter. Sfmg LLC now owns 219,730 shares of the company’s stock worth $7,868,000 after purchasing an additional 8,077 shares during the period. Finally, Bank of Montreal Can grew 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.

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.