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

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 441 shares, an increase of 138.4% from the August 15th total of 185 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 6,603 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Fidelity Disruptive Finance ETF

A number of hedge funds have recently modified their holdings of FDFF. Jane Street Group LLC grew its stake in Fidelity Disruptive Finance ETF by 532.8% during the 4th quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock valued at $3,208,000 after acquiring an additional 75,824 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of Fidelity Disruptive Finance ETF by 123.5% in the second quarter. Citadel Advisors LLC now owns 31,845 shares of the company’s stock worth $1,054,000 after purchasing an additional 17,596 shares in the last quarter. POM Investment Strategies LLC boosted its holdings in shares of Fidelity Disruptive Finance ETF by 119.6% during the second quarter. POM Investment Strategies LLC now owns 19,240 shares of the company’s stock worth $637,000 after purchasing an additional 10,480 shares during the period. Virtu Financial LLC acquired a new stake in shares of Fidelity Disruptive Finance ETF during the third quarter worth approximately $263,000. Finally, Osaic Holdings Inc. grew its position in Fidelity Disruptive Finance ETF by 443.5% during the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after purchasing an additional 887 shares in the last quarter.

Fidelity Disruptive Finance ETF Stock Up 0.5%

Shares of FDFF stock traded up $0.19 during trading hours on Friday, reaching $36.55. 1,491 shares of the stock traded hands, compared to its average volume of 3,853. The firm has a market capitalization of $43.86 million, a PE 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. The business has a fifty day moving average price of $36.32 and a 200 day moving average price of $33.96.

Fidelity Disruptive Finance ETF Increases Dividend

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

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.