Short Interest in Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Declines By 54.1%

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,899 shares, a decrease of 54.1% from the May 31st total of 4,137 shares. Based on an average trading volume of 54,584 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Fidelity Crypto Industry and Digital Payments ETF Stock Performance

NASDAQ FDIG opened at $43.88 on Monday. Fidelity Crypto Industry and Digital Payments ETF has a one year low of $30.64 and a one year high of $60.29. The company has a market capitalization of $285.22 million, a price-to-earnings ratio of 19.69 and a beta of 2.98. The company’s 50-day simple moving average is $43.90 and its two-hundred day simple moving average is $40.27.

Fidelity Crypto Industry and Digital Payments ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued 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 annualized dividend and a yield of 1.4%.

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

Large investors have recently bought and sold shares of the business. Traynor Capital Management Inc. lifted its holdings in Fidelity Crypto Industry and Digital Payments ETF by 3.8% during the fourth quarter. Traynor Capital Management Inc. now owns 12,387 shares of the company’s stock worth $477,000 after buying an additional 457 shares during the period. Allworth Financial LP purchased a new position in shares of Fidelity Crypto Industry and Digital Payments ETF in the 4th quarter valued at $27,000. Birchwood Financial Partners Inc. purchased a new position in shares of Fidelity Crypto Industry and Digital Payments ETF in the 4th quarter valued at $34,000. Prairie Wealth Advisors Inc. raised its position 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 worth $632,000 after acquiring an additional 1,960 shares in the last quarter. Finally, Mutual Advisors LLC raised its position in shares of Fidelity Crypto Industry and Digital Payments ETF by 4.4% in the 4th quarter. Mutual Advisors LLC now owns 54,915 shares of the company’s stock worth $2,116,000 after acquiring an additional 2,339 shares in the last quarter.

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. FDIG was launched on Apr 19, 2022 and is managed by Fidelity.