Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Drops By 22.2%

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 700 shares, a decline of 22.2% from the February 28th total of 900 shares. Based on an average daily volume of 9,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Fidelity Disruptors ETF Stock Up 0.5 %

NASDAQ:FDIF traded up $0.16 on Wednesday, hitting $29.84. The stock had a trading volume of 2,797 shares, compared to its average volume of 9,413. The company has a fifty day moving average price of $31.96 and a two-hundred day moving average price of $31.64. The stock has a market cap of $86.54 million, a price-to-earnings ratio of 26.95 and a beta of 1.27. Fidelity Disruptors ETF has a 1-year low of $24.60 and a 1-year high of $33.94.

Fidelity Disruptors ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given a $0.028 dividend. The ex-dividend date of this dividend was Friday, March 21st.

Institutional Investors Weigh In On Fidelity Disruptors ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. purchased a new stake in Fidelity Disruptors ETF in the 4th quarter valued at about $26,000. Sfmg LLC increased its position in shares of Fidelity Disruptors ETF by 1.8% during the fourth quarter. Sfmg LLC now owns 192,555 shares of the company’s stock valued at $6,081,000 after acquiring an additional 3,463 shares during the last quarter. Finally, Corient Private Wealth LLC purchased a new stake in shares of Fidelity Disruptors ETF in the 4th quarter valued at approximately $281,000.

Fidelity Disruptors ETF Company Profile

The Fidelity Disruptors ETF (FDIF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds that holds a suite of global Fidelity ETFs, all of which are tied with disruptive technologies in automation, communications, finance, medicine, and technology.