Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Down 94.8% in June

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 98 shares, a decline of 94.8% from the June 15th total of 1,899 shares. Based on an average daily volume of 33,157 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Fidelity Crypto Industry and Digital Payments ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Traynor Capital Management Inc. lifted its stake in Fidelity Crypto Industry and Digital Payments ETF by 3.8% in the fourth quarter. Traynor Capital Management Inc. now owns 12,387 shares of the company’s stock valued at $477,000 after acquiring an additional 457 shares during the last quarter. Allworth Financial LP bought a new position in shares of Fidelity Crypto Industry and Digital Payments ETF during the 4th quarter valued at $27,000. Birchwood Financial Partners Inc. acquired a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF in the 4th quarter valued at $34,000. Prairie Wealth Advisors Inc. lifted its stake in shares of Fidelity Crypto Industry and Digital Payments ETF by 18.0% in the 3rd quarter. Prairie Wealth Advisors Inc. now owns 12,871 shares of the company’s stock valued at $632,000 after purchasing an additional 1,960 shares during the last quarter. Finally, Mutual Advisors LLC boosted its holdings in Fidelity Crypto Industry and Digital Payments ETF by 4.4% in the fourth quarter. Mutual Advisors LLC now owns 54,915 shares of the company’s stock worth $2,116,000 after purchasing an additional 2,339 shares in the last quarter.

Fidelity Crypto Industry and Digital Payments ETF Stock Down 0.1%

Shares of NASDAQ:FDIG traded down $0.04 during trading on Friday, reaching $42.22. 12,521 shares of the company traded hands, compared to its average volume of 50,548. The firm has a fifty day simple moving average of $44.27 and a 200 day simple moving average of $40.32. Fidelity Crypto Industry and Digital Payments ETF has a 1-year low of $30.64 and a 1-year high of $60.29. The firm has a market cap of $257.54 million, a P/E ratio of 19.69 and a beta of 2.99.

Fidelity Crypto Industry and Digital Payments ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.153 per share. The ex-dividend date of this dividend was Thursday, June 18th. This is a positive change from Fidelity Crypto Industry and Digital Payments ETF’s previous quarterly dividend of $0.03. This represents a $0.61 dividend on an annualized basis and a yield of 1.4%.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume. FDIG was launched on Apr 19, 2022 and is managed by Fidelity.