Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Sees Large Decrease in Short Interest

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 20,000 shares, a decline of 80.9% from the December 15th total of 104,600 shares. Based on an average daily volume of 106,000 shares, the short-interest ratio is currently 0.2 days.

Fidelity Crypto Industry and Digital Payments ETF Stock Up 2.1 %

Shares of FDIG stock traded up $0.67 on Tuesday, hitting $33.22. The stock had a trading volume of 60,158 shares, compared to its average volume of 98,432. Fidelity Crypto Industry and Digital Payments ETF has a one year low of $19.50 and a one year high of $43.70. The business has a 50 day moving average price of $36.72 and a 200 day moving average price of $31.33. The company has a market cap of $169.42 million, a PE ratio of 10.94 and a beta of 3.84.

Fidelity Crypto Industry and Digital Payments ETF Dividend Announcement

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

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

An institutional investor recently raised its position in Fidelity Crypto Industry and Digital Payments ETF stock. Sunbelt Securities Inc. boosted its stake in shares of Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) by 160.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,400 shares of the company’s stock after buying an additional 5,172 shares during the period. Sunbelt Securities Inc. owned 0.23% of Fidelity Crypto Industry and Digital Payments ETF worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

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.