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

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 923 shares, a growth of 144.8% from the May 31st total of 377 shares. Based on an average trading volume of 4,528 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Fidelity Disruptors ETF

Several institutional investors have recently modified their holdings of FDIF. Jane Street Group LLC bought a new stake in Fidelity Disruptors ETF in the 2nd quarter worth approximately $2,207,000. Osaic Holdings Inc. grew its position in Fidelity Disruptors ETF by 340.7% during the second quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock valued at $278,000 after acquiring an additional 6,364 shares during the last quarter. MFA Wealth Services grew its position in Fidelity Disruptors ETF by 2.7% during the third quarter. MFA Wealth Services now owns 11,476 shares of the company’s stock valued at $408,000 after acquiring an additional 298 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in shares of Fidelity Disruptors ETF during the fourth quarter worth approximately $36,000. Finally, Sfmg LLC raised its stake in shares of Fidelity Disruptors ETF by 3.8% during the fourth quarter. Sfmg LLC now owns 219,730 shares of the company’s stock worth $7,868,000 after acquiring an additional 8,077 shares in the last quarter.

Fidelity Disruptors ETF Stock Down 0.1%

NASDAQ:FDIF traded down $0.03 during midday trading on Wednesday, hitting $40.44. The company had a trading volume of 546 shares, compared to its average volume of 6,268. The company has a market capitalization of $109.19 million, a PE ratio of 27.66 and a beta of 1.25. Fidelity Disruptors ETF has a 52-week low of $31.31 and a 52-week high of $40.49. The stock’s fifty day moving average price is $38.24 and its 200-day moving average price is $36.18.

Fidelity Disruptors ETF Increases Dividend

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

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.