Fidelity Disruptive Communications ETF (NASDAQ:FDCF) Short Interest Update

by · The Markets Daily

Fidelity Disruptive Communications ETF (NASDAQ:FDCF – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 958 shares, a growth of 88.6% from the May 31st total of 508 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,888 shares, the days-to-cover ratio is presently 0.1 days.

Fidelity Disruptive Communications ETF Stock Up 1.3%

Shares of Fidelity Disruptive Communications ETF stock traded up $0.64 during trading on Wednesday, reaching $50.60. The company’s stock had a trading volume of 16,138 shares, compared to its average volume of 9,555. The business has a 50 day moving average price of $49.22 and a 200-day moving average price of $47.28. Fidelity Disruptive Communications ETF has a 12-month low of $41.23 and a 12-month high of $53.48. The company has a market capitalization of $106.26 million, a P/E ratio of 26.94 and a beta of 1.20.

Institutional Investors Weigh In On Fidelity Disruptive Communications ETF

Several institutional investors have recently made changes to their positions in the stock. VestGen Advisors LLC purchased a new position in shares of Fidelity Disruptive Communications ETF in the 4th quarter valued at about $276,000. Align Financial LLC purchased a new stake in Fidelity Disruptive Communications ETF during the fourth quarter worth about $2,311,000. Key Capital Management INC purchased a new stake in Fidelity Disruptive Communications ETF during the fourth quarter worth about $29,000. Raleigh Capital Management Inc. acquired a new position in Fidelity Disruptive Communications ETF during the fourth quarter worth about $44,000. Finally, BXM Wealth LLC acquired a new position in Fidelity Disruptive Communications ETF during the fourth quarter worth about $257,000.

About Fidelity Disruptive Communications ETF

(Get Free Report)

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.

Recommended Stories