Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Up 28.6% in February

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 900 shares, an increase of 28.6% from the February 13th total of 700 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 8,900 shares, the short-interest ratio is currently 0.1 days.

Fidelity Disruptors ETF Price Performance

Shares of NASDAQ FDIF opened at $30.39 on Wednesday. Fidelity Disruptors ETF has a 1 year low of $24.60 and a 1 year high of $33.94. The company has a market capitalization of $88.13 million, a P/E ratio of 27.19 and a beta of 1.27. The company has a 50 day simple moving average of $32.27 and a 200-day simple moving average of $31.52.

Fidelity Disruptors ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were paid a $0.043 dividend. This represents a $0.17 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend was Friday, December 20th. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03.

Institutional Trading of Fidelity Disruptors ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FDIF. Sfmg LLC boosted its stake in Fidelity Disruptors ETF by 1.8% during the fourth quarter. Sfmg LLC now owns 192,555 shares of the company’s stock worth $6,081,000 after buying an additional 3,463 shares during the period. Corient Private Wealth LLC purchased a new stake in Fidelity Disruptors ETF in the fourth quarter valued at approximately $281,000. Finally, JPMorgan Chase & Co. acquired a new position in Fidelity Disruptors ETF during the fourth quarter worth $26,000.

About Fidelity Disruptors ETF

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.