Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Rises By 188.9%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,236 shares, an increase of 188.9% from the June 30th total of 1,120 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 28,734 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Fidelity Disruptors ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of Montreal Can lifted its holdings in Fidelity Disruptors ETF by 40.0% in the fourth quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock worth $69,000 after purchasing an additional 550 shares during the period. Commonwealth Equity Services LLC raised its position in shares of Fidelity Disruptors ETF by 5.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock worth $428,000 after buying an additional 579 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new stake in shares of Fidelity Disruptors ETF in the 4th quarter worth approximately $36,000. Kestra Advisory Services LLC acquired a new position in shares of Fidelity Disruptors ETF during the fourth quarter valued at approximately $75,000. Finally, Osaic Holdings Inc. raised its holdings in Fidelity Disruptors ETF by 340.7% during the second quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock worth $278,000 after purchasing an additional 6,364 shares in the last quarter.

Fidelity Disruptors ETF Price Performance

FDIF stock traded down $0.52 on Tuesday, reaching $37.88. The company’s stock had a trading volume of 8,040 shares, compared to its average volume of 7,710. Fidelity Disruptors ETF has a 52 week low of $31.31 and a 52 week high of $40.82. The company has a market capitalization of $98.49 million, a P/E ratio of 27.66 and a beta of 1.22. The firm has a fifty day moving average of $39.09 and a two-hundred day moving average of $36.66.

Fidelity Disruptors ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.034 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. This represents a $0.14 annualized dividend and a dividend yield of 0.4%.

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. FDIF was launched on Apr 16, 2020 and is managed by Fidelity.