Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Up 188.9% in July

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,236 shares, an increase of 188.9% from the June 30th total of 1,120 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 28,734 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity Disruptors ETF Trading Down 1.4%

Shares of NASDAQ FDIF opened at $37.88 on Wednesday. The stock has a market capitalization of $98.49 million, a PE ratio of 27.66 and a beta of 1.22. The stock has a fifty day simple moving average of $39.11 and a 200-day simple moving average of $36.66. Fidelity Disruptors ETF has a twelve month low of $31.31 and a twelve month high of $40.82.

Fidelity Disruptors ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors 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 0.4%. The ex-dividend date of this dividend was Thursday, June 18th. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02.

Hedge Funds Weigh In On Fidelity Disruptors ETF

A number of institutional investors and hedge funds have recently modified their holdings of FDIF. Bank of Montreal Can boosted its position in shares of Fidelity Disruptors ETF by 40.0% during the 4th quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock worth $69,000 after acquiring an additional 550 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Fidelity Disruptors ETF by 5.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock valued at $428,000 after acquiring an additional 579 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in Fidelity Disruptors ETF in the fourth quarter valued at $36,000. Kestra Advisory Services LLC purchased a new position in shares of Fidelity Disruptors ETF during the fourth quarter worth about $75,000. Finally, Osaic Holdings Inc. grew its holdings in shares of 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 purchasing an additional 6,364 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.