Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Update

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) saw a significant decline in short interest during the month of 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 trading volume, of 33,157 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Fidelity Crypto Industry and Digital Payments ETF Price Performance

Shares of FDIG stock traded down $0.04 during trading hours on Friday, hitting $42.22. The stock had a trading volume of 12,521 shares, compared to its average volume of 50,548. The firm has a market capitalization of $257.54 million, a PE ratio of 19.69 and a beta of 2.99. The stock’s 50 day moving average is $44.27 and its 200 day moving average is $40.32. Fidelity Crypto Industry and Digital Payments ETF has a twelve month low of $30.64 and a twelve month high of $60.29.

Fidelity Crypto Industry and Digital Payments ETF Increases Dividend

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

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

A number of large investors have recently bought and sold shares of FDIG. Sterling Investment Advisors Ltd. grew its position in Fidelity Crypto Industry and Digital Payments ETF by 55.7% during the 1st quarter. Sterling Investment Advisors Ltd. now owns 11,185 shares of the company’s stock worth $367,000 after purchasing an additional 4,000 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Fidelity Crypto Industry and Digital Payments ETF by 18.7% in the first quarter. Kestra Advisory Services LLC now owns 45,445 shares of the company’s stock valued at $1,490,000 after buying an additional 7,149 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the fourth quarter worth about $34,000. NewEdge Advisors LLC acquired a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the fourth quarter worth about $448,000. Finally, Quadrature Capital Ltd purchased a new position in shares of Fidelity Crypto Industry and Digital Payments ETF during the fourth quarter worth about $228,000.

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