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

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 185 shares, a drop of 92.3% from the July 30th total of 2,412 shares. Based on an average daily volume of 4,414 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Fidelity Disruptive Finance ETF

Several large investors have recently bought and sold shares of FDFF. Osaic Holdings Inc. grew its holdings in shares of Fidelity Disruptive Finance ETF by 443.5% during the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock worth $42,000 after purchasing an additional 887 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Fidelity Disruptive Finance ETF in the 3rd quarter valued at about $263,000. POM Investment Strategies LLC lifted its holdings in shares of Fidelity Disruptive Finance ETF by 119.6% in the 2nd quarter. POM Investment Strategies LLC now owns 19,240 shares of the company’s stock valued at $637,000 after purchasing an additional 10,480 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Fidelity Disruptive Finance ETF by 532.8% in the 4th quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock valued at $3,208,000 after purchasing an additional 75,824 shares during the period.

Fidelity Disruptive Finance ETF Price Performance

Shares of Fidelity Disruptive Finance ETF stock traded up $0.26 during trading hours on Tuesday, hitting $38.29. The company had a trading volume of 3,319 shares, compared to its average volume of 3,667. The company’s 50-day moving average is $35.17 and its two-hundred day moving average is $33.55. Fidelity Disruptive Finance ETF has a twelve month low of $30.16 and a twelve month high of $38.29. The company has a market cap of $45.95 million, a P/E ratio of 24.27 and a beta of 1.11.

Fidelity Disruptive Finance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a $0.188 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.0%. This is a boost from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, June 18th.

About Fidelity Disruptive Finance ETF

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.