Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Rises By 75.0%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 700 shares, a growth of 75.0% from the January 31st total of 400 shares. Based on an average daily volume of 8,300 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Fidelity Disruptors ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Sfmg LLC raised its position in shares of Fidelity Disruptors ETF by 8.1% in the third quarter. Sfmg LLC now owns 189,092 shares of the company’s stock valued at $5,737,000 after buying an additional 14,225 shares during the last quarter. Corient Private Wealth LLC purchased a new position in Fidelity Disruptors ETF during the fourth quarter worth about $281,000. Kovack Advisors Inc. grew its holdings in shares of Fidelity Disruptors ETF by 20.6% in the third quarter. Kovack Advisors Inc. now owns 12,300 shares of the company’s stock valued at $373,000 after purchasing an additional 2,100 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in Fidelity Disruptors ETF during the 4th quarter worth approximately $26,000.

Fidelity Disruptors ETF Stock Performance

Shares of FDIF opened at $30.87 on Tuesday. The stock has a 50-day moving average of $32.62 and a two-hundred day moving average of $31.44. The stock has a market cap of $89.53 million, a P/E ratio of 30.58 and a beta of 1.27. Fidelity Disruptors ETF has a one year low of $24.60 and a one year high of $33.94.

Fidelity Disruptors ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were given a dividend of $0.043 per share. This is an increase from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend and a yield of 0.56%. The ex-dividend date was Friday, December 20th.

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.