Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Stock Short Interest Rises 9,914.7%

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 44,165 shares, an increase of 9,914.7% from the August 31st total of 441 shares. Currently, 3.7% of the company’s stock are short sold. Based on an average daily trading volume, of 2,642 shares, the short-interest ratio is currently 16.7 days.

Fidelity Disruptive Finance ETF Stock Up 0.0%

Shares of FDFF traded up $0.01 during mid-day trading on Thursday, hitting $34.97. The stock had a trading volume of 3,331 shares, compared to its average volume of 3,825. The company has a market cap of $41.96 million, a PE ratio of 24.27 and a beta of 1.12. The company’s fifty day simple moving average is $36.51 and its two-hundred day simple moving average is $34.15. Fidelity Disruptive Finance ETF has a fifty-two week low of $30.16 and a fifty-two week high of $38.40.

Fidelity Disruptive Finance ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Friday, September 18th were paid a dividend of $0.0640 per share. This is a drop from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.1880. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, September 18th.

Institutional Trading of Fidelity Disruptive Finance ETF

A hedge fund recently raised its position in Fidelity Disruptive Finance ETF stock. Citadel Advisors LLC raised its stake in shares of Fidelity Disruptive Finance ETF (NASDAQ:FDFF) by 123.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,845 shares of the company’s stock after buying an additional 17,596 shares during the period. Citadel Advisors LLC owned about 2.65% of Fidelity Disruptive Finance ETF worth $1,054,000 as of its most recent SEC filing.

Fidelity Disruptive Finance ETF Company Profile

The Fidelity Disruptive Finance ETF (FDFF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.