Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Declines By 63.1%
by Doug Wharley · The Cerbat GemFidelity Disruptors ETF (NASDAQ:FDIF – Get Free Report) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,270 shares, a drop of 63.1% from the November 30th total of 3,439 shares. Based on an average daily volume of 8,221 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 8,221 shares, the short-interest ratio is currently 0.2 days.
Hedge Funds Weigh In On Fidelity Disruptors ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in FDIF. Farther Finance Advisors LLC raised its stake in shares of Fidelity Disruptors ETF by 43.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,564 shares of the company’s stock worth $188,000 after buying an additional 1,681 shares in the last quarter. MFA Wealth Services acquired a new position in Fidelity Disruptors ETF during the second quarter worth $377,000. Sfmg LLC raised its position in Fidelity Disruptors ETF by 5.8% in the second quarter. Sfmg LLC now owns 194,170 shares of the company’s stock worth $6,551,000 after acquiring an additional 10,686 shares in the last quarter. Jane Street Group LLC purchased a new position in Fidelity Disruptors ETF in the second quarter worth $2,207,000. Finally, Osaic Holdings Inc. lifted its holdings in Fidelity Disruptors ETF by 340.7% in 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 period.
Fidelity Disruptors ETF Stock Down 0.1%
FDIF stock traded down $0.04 during trading on Friday, hitting $36.20. The company had a trading volume of 1,820 shares, compared to its average volume of 7,255. The firm has a 50-day moving average price of $35.62 and a 200-day moving average price of $34.80. The firm has a market cap of $101.35 million, a PE ratio of 27.66 and a beta of 1.26. Fidelity Disruptors ETF has a 1-year low of $25.25 and a 1-year high of $36.74.
Fidelity Disruptors ETF Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a $0.033 dividend. This is a boost from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Friday, December 19th. This represents a $0.13 annualized dividend and a dividend yield of 0.4%.
About Fidelity Disruptors ETF
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.