Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Update

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 441 shares, a growth of 138.4% from the August 15th total of 185 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 6,603 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Fidelity Disruptive Finance ETF stock. Citadel Advisors LLC grew its position in Fidelity Disruptive Finance ETF (NASDAQ:FDFF) by 123.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,845 shares of the company’s stock after buying an additional 17,596 shares during the period. Citadel Advisors LLC owned 2.65% of Fidelity Disruptive Finance ETF worth $1,054,000 as of its most recent SEC filing.

Fidelity Disruptive Finance ETF Trading Down 1.2%

Shares of FDFF stock traded down $0.46 during mid-day trading on Tuesday, reaching $36.34. The stock had a trading volume of 1,777 shares, compared to its average volume of 3,817. The business’s fifty day moving average is $36.36 and its 200-day moving average is $34.01. The firm has a market cap of $72.64 million, a price-to-earnings ratio of 24.27 and a beta of 1.12. Fidelity Disruptive Finance ETF has a 1-year low of $30.16 and a 1-year high of $38.40.

Fidelity Disruptive Finance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.188 per share. This is a boost from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Thursday, June 18th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.1%.

Fidelity Disruptive Finance ETF Company Profile

The Fidelity Disruptive Finance ETF (FDFF) 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 disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.