Fidelity Disruptive Communications ETF (NASDAQ:FDCF) Short Interest Down 65.3% in June

Fidelity Disruptive Communications ETF (NASDAQ:FDCF) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 332 shares, a decrease of 65.3% from the June 15th total of 958 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 9,689 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Fidelity Disruptive Communications ETF

A number of large investors have recently made changes to their positions in FDCF. Key Capital Management INC purchased a new position in shares of Fidelity Disruptive Communications ETF during the fourth quarter valued at approximately $29,000. Raleigh Capital Management Inc. bought a new position in shares of Fidelity Disruptive Communications ETF during the fourth quarter valued at approximately $44,000. Advisory Services Network LLC purchased a new stake in Fidelity Disruptive Communications ETF in the third quarter worth $59,000. Cape Investment Advisory Inc. lifted its stake in Fidelity Disruptive Communications ETF by 16.2% in the third quarter. Cape Investment Advisory Inc. now owns 5,150 shares of the company’s stock worth $255,000 after acquiring an additional 718 shares during the period. Finally, BXM Wealth LLC bought a new stake in Fidelity Disruptive Communications ETF in the fourth quarter valued at $257,000.

Fidelity Disruptive Communications ETF Price Performance

NASDAQ FDCF opened at $51.33 on Monday. Fidelity Disruptive Communications ETF has a 1 year low of $41.23 and a 1 year high of $53.48. The stock has a market capitalization of $102.66 million, a PE ratio of 26.94 and a beta of 1.20. The business’s 50-day moving average is $49.64 and its 200 day moving average is $47.47.

About Fidelity Disruptive Communications ETF

The Fidelity Disruptive Communications ETF (FDCF) 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 companies tied with disruptive technologies in communications services. The fund invests in securities of domestic and foreign issuers FDCF was launched on Apr 16, 2020 and is managed by Fidelity.