Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Grows By 12,581.3%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 2,029 shares, a growth of 12,581.3% from the March 31st total of 16 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 7,126 shares, the days-to-cover ratio is currently 0.3 days.

Fidelity Disruptors ETF Trading Up 1.3%

Shares of Fidelity Disruptors ETF stock traded up $0.49 during trading on Friday, reaching $36.82. The company’s stock had a trading volume of 4,204 shares, compared to its average volume of 7,304. The company has a 50-day moving average price of $34.35 and a two-hundred day moving average price of $35.28. The firm has a market cap of $99.41 million, a PE ratio of 27.66 and a beta of 1.25. Fidelity Disruptors ETF has a fifty-two week low of $29.40 and a fifty-two week high of $37.23.

Fidelity Disruptors ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were issued a $0.016 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, March 20th.

Hedge Funds Weigh In On Fidelity Disruptors ETF

A number of institutional investors have recently modified their holdings of the business. MFA Wealth Services increased its stake in Fidelity Disruptors ETF by 2.7% in the 3rd quarter. MFA Wealth Services now owns 11,476 shares of the company’s stock valued at $408,000 after buying an additional 298 shares during the period. Farther Finance Advisors LLC increased its stake in Fidelity Disruptors ETF by 8.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,019 shares of the company’s stock valued at $214,000 after buying an additional 455 shares during the period. Bank of Montreal Can increased its stake in Fidelity Disruptors ETF by 40.0% in the 4th quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock valued at $69,000 after buying an additional 550 shares during the period. Commonwealth Equity Services LLC increased its stake in Fidelity Disruptors ETF by 5.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock valued at $428,000 after buying an additional 579 shares during the period. Finally, Godfrey Financial Associates Inc. acquired a new position in Fidelity Disruptors ETF in the 4th quarter valued at $36,000.

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.