Fidelity Disruptors ETF (NASDAQ:FDIF) Shares Shorted: Short Interest Down 90.0% in October

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 190 shares, a decrease of 90.0% from the October 15th total of 1,901 shares. Based on an average daily trading volume, of 25,013 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Fidelity Disruptors ETF Price Performance

Fidelity Disruptors ETF stock traded up $0.11 during midday trading on Thursday, reaching $38.87. The company’s stock had a trading volume of 36,420 shares, compared to its average volume of 9,203. The stock’s 50-day simple moving average is $40.93 and its 200-day simple moving average is $38.27. Fidelity Disruptors ETF has a 52-week low of $31.31 and a 52-week high of $42.84. The stock has a market capitalization of $93.29 million, a P/E ratio of 27.24 and a beta of 1.26.

Fidelity Disruptors ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Friday, September 18th were paid a dividend of $0.02 per share. The ex-dividend date was Friday, September 18th. This is a negative change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.0340. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%.

Hedge Funds Weigh In On Fidelity Disruptors ETF

Several hedge funds have recently modified their holdings of FDIF. Commonwealth Equity Services LLC acquired a new stake in Fidelity Disruptors ETF in the 3rd quarter worth approximately $675,000. MFA Wealth Services grew its position in Fidelity Disruptors ETF by 4.5% during the 3rd quarter. MFA Wealth Services now owns 12,229 shares of the company’s stock worth $510,000 after purchasing an additional 525 shares during the last quarter. Finally, Citadel Advisors LLC grew its position in Fidelity Disruptors ETF by 17.7% during the 2nd quarter. Citadel Advisors LLC now owns 10,568 shares of the company’s stock worth $428,000 after purchasing an additional 1,591 shares during the last quarter.

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.