Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Up 31.5% in March

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 21,300 shares, a growth of 31.5% from the February 28th total of 16,200 shares. Based on an average daily volume of 85,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On Fidelity Crypto Industry and Digital Payments ETF

Several large investors have recently bought and sold shares of FDIG. Atria Wealth Solutions Inc. lifted its holdings in shares of Fidelity Crypto Industry and Digital Payments ETF by 1,914.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 246,111 shares of the company’s stock valued at $7,998,000 after purchasing an additional 233,896 shares in the last quarter. Torno Capital LLC acquired a new stake in Fidelity Crypto Industry and Digital Payments ETF in the fourth quarter valued at $5,848,000. Commonwealth Equity Services LLC lifted its stake in Fidelity Crypto Industry and Digital Payments ETF by 567.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 82,947 shares of the company’s stock valued at $2,695,000 after purchasing an additional 70,520 shares during the last quarter. GTS Securities LLC acquired a new position in shares of Fidelity Crypto Industry and Digital Payments ETF during the 4th quarter worth approximately $1,056,000. Finally, OLD Mission Capital LLC acquired a new position in shares of Fidelity Crypto Industry and Digital Payments ETF in the fourth quarter valued at $921,000.

Fidelity Crypto Industry and Digital Payments ETF Stock Up 3.0 %

FDIG stock traded up $0.76 during trading on Wednesday, hitting $25.83. The company had a trading volume of 25,864 shares, compared to its average volume of 74,971. The stock has a market cap of $139.48 million, a price-to-earnings ratio of 16.25 and a beta of 3.84. Fidelity Crypto Industry and Digital Payments ETF has a 12 month low of $22.50 and a 12 month high of $43.70. The firm has a 50-day moving average price of $30.39 and a 200-day moving average price of $32.28.

About Fidelity Crypto Industry and Digital Payments ETF

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume.