Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Drops By 50.9%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 234 shares, a decrease of 50.9% from the December 31st total of 477 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,338 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 8,338 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Fidelity Disruptors ETF Trading Down 1.7%

NASDAQ:FDIF traded down $0.62 during trading hours on Friday, hitting $35.67. 5,104 shares of the stock traded hands, compared to its average volume of 6,990. The firm has a market cap of $99.88 million, a price-to-earnings ratio of 27.66 and a beta of 1.26. The firm has a 50 day moving average price of $36.07 and a 200 day moving average price of $35.39. Fidelity Disruptors ETF has a fifty-two week low of $25.25 and a fifty-two week high of $37.23.

Fidelity Disruptors ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were issued a dividend of $0.033 per share. This represents a $0.13 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Friday, December 19th. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02.

Institutional Investors Weigh In On Fidelity Disruptors ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of FDIF. Jane Street Group LLC bought a new position in Fidelity Disruptors ETF in the 2nd quarter worth approximately $2,207,000. MFA Wealth Services bought a new position in shares of Fidelity Disruptors ETF during the second quarter worth about $377,000. Sfmg LLC boosted its stake in shares of Fidelity Disruptors ETF by 5.8% during the 2nd quarter. Sfmg LLC now owns 194,170 shares of the company’s stock worth $6,551,000 after buying an additional 10,686 shares during the last quarter. Osaic Holdings Inc. increased its holdings 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 buying an additional 6,364 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Fidelity Disruptors ETF by 43.3% in the second quarter. Farther Finance Advisors LLC now owns 5,564 shares of the company’s stock valued at $188,000 after buying an additional 1,681 shares during the last quarter.

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.