Short Interest in Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Increases By 43.4%

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 160,200 shares, an increase of 43.4% from the January 15th total of 111,700 shares. Based on an average daily trading volume, of 116,200 shares, the days-to-cover ratio is currently 1.4 days.

Fidelity Crypto Industry and Digital Payments ETF Price Performance

Shares of NASDAQ FDIG opened at $34.48 on Friday. The stock has a market capitalization of $186.19 million, a P/E ratio of 10.94 and a beta of 3.84. Fidelity Crypto Industry and Digital Payments ETF has a one year low of $22.50 and a one year high of $43.70. The firm’s 50 day simple moving average is $35.20 and its two-hundred day simple moving average is $31.86.

Fidelity Crypto Industry and Digital Payments ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 30th were given a $0.006 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

Institutional investors have recently added to or reduced their stakes in the business. Glass Jacobson Investment Advisors llc boosted its holdings in Fidelity Crypto Industry and Digital Payments ETF by 36.3% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,956 shares of the company’s stock valued at $64,000 after acquiring an additional 521 shares during the period. OLD Mission Capital LLC bought a new stake in Fidelity Crypto Industry and Digital Payments ETF in the fourth quarter valued at approximately $921,000. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity Crypto Industry and Digital Payments ETF by 567.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 82,947 shares of the company’s stock valued at $2,695,000 after purchasing an additional 70,520 shares during the period. Atria Wealth Solutions Inc. grew its holdings in shares of Fidelity Crypto Industry and Digital Payments ETF by 1,914.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 246,111 shares of the company’s stock worth $7,998,000 after purchasing an additional 233,896 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of Fidelity Crypto Industry and Digital Payments ETF in the fourth quarter worth $204,000.

About Fidelity Crypto Industry and Digital Payments ETF

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.