Fidelity Disruptive Technology ETF (NASDAQ:FDTX) Stock Short Interest Report for October

Fidelity Disruptive Technology ETF (NASDAQ:FDTX) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 4,634 shares, a decline of 80.4% from the October 15th total of 23,683 shares. Based on an average trading volume of 35,738 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Fidelity Disruptive Technology ETF Price Performance

Shares of Fidelity Disruptive Technology ETF stock traded down $0.30 during trading on Thursday, hitting $50.06. The stock had a trading volume of 25,321 shares, compared to its average volume of 37,652. Fidelity Disruptive Technology ETF has a 12 month low of $34.84 and a 12 month high of $62.47. The firm’s fifty day simple moving average is $55.09 and its 200-day simple moving average is $49.24. The stock has a market cap of $280.34 million, a PE ratio of 31.97 and a beta of 1.75.

Institutional Trading of Fidelity Disruptive Technology ETF

Several institutional investors have recently added to or reduced their stakes in FDTX. Hantz Financial Services Inc. bought a new stake in Fidelity Disruptive Technology ETF in the third quarter worth about $52,000. Integrated Wealth Concepts LLC bought a new position in shares of Fidelity Disruptive Technology ETF during the second quarter valued at approximately $91,000. Harbour Investments Inc. purchased a new stake in shares of Fidelity Disruptive Technology ETF in the third quarter worth approximately $95,000. Root Financial Partners LLC purchased a new stake in shares of Fidelity Disruptive Technology ETF in the third quarter worth approximately $140,000. Finally, IFP Advisors Inc raised its holdings in shares of Fidelity Disruptive Technology ETF by 186.6% in the third quarter. IFP Advisors Inc now owns 2,769 shares of the company’s stock worth $163,000 after buying an additional 1,803 shares during the period.

Fidelity Disruptive Technology ETF Company Profile

The Fidelity Disruptive Technology ETF (FDTX) 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 innovative businesses believed to have the potential for market disruption. The fund holds global disruptive technology companies, from machine learning to next-generation hardware and AI. FDTX was launched on Apr 16, 2020 and is managed by Fidelity.