Short Interest in Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Grows By 117.9%

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 146 shares, a growth of 117.9% from the May 14th total of 67 shares. Based on an average trading volume of 3,841 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Fidelity Disruptive Finance ETF

Several large investors have recently made changes to their positions in the business. Virtu Financial LLC increased its position in shares of Fidelity Disruptive Finance ETF by 77.5% in the fourth quarter. Virtu Financial LLC now owns 12,888 shares of the company’s stock worth $459,000 after acquiring an additional 5,627 shares in the last quarter. Jane Street Group LLC increased its position in shares of Fidelity Disruptive Finance ETF by 532.8% in the fourth quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock worth $3,208,000 after acquiring an additional 75,824 shares in the last quarter. Key Capital Management INC acquired a new stake in shares of Fidelity Disruptive Finance ETF in the fourth quarter worth $25,000. Raleigh Capital Management Inc. acquired a new stake in shares of Fidelity Disruptive Finance ETF in the fourth quarter worth $39,000. Finally, Osaic Holdings Inc. increased its position in shares of Fidelity Disruptive Finance ETF by 443.5% in the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock worth $42,000 after acquiring an additional 887 shares in the last quarter.

Fidelity Disruptive Finance ETF Stock Up 0.7%

Fidelity Disruptive Finance ETF stock opened at $32.62 on Friday. Fidelity Disruptive Finance ETF has a 52-week low of $30.16 and a 52-week high of $39.15. The firm has a fifty day moving average of $33.12 and a 200-day moving average of $33.75. The firm has a market capitalization of $39.14 million, a P/E ratio of 24.27 and a beta of 1.14.

Fidelity Disruptive Finance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were given a $0.05 dividend. The ex-dividend date of this dividend was Friday, March 20th. This is an increase from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05. This represents a $0.20 annualized dividend and a dividend yield of 0.6%.

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.