Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Up 550.0% in January

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,900 shares, an increase of 550.0% from the December 31st total of 600 shares. Based on an average daily volume of 8,100 shares, the short-interest ratio is presently 0.5 days.

Fidelity Disruptors ETF Trading Up 1.4 %

NASDAQ FDIF traded up $0.45 on Tuesday, reaching $33.23. 14,031 shares of the company’s stock traded hands, compared to its average volume of 10,931. Fidelity Disruptors ETF has a fifty-two week low of $24.60 and a fifty-two week high of $33.54. The stock has a 50 day moving average price of $32.31 and a 200-day moving average price of $30.61.

Fidelity Disruptors ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a $0.043 dividend. This represents a $0.17 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend was Friday, December 20th. This is a boost from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Fidelity Disruptors ETF stock. Kovack Advisors Inc. lifted its position in shares of Fidelity Disruptors ETF (NASDAQ:FDIF) by 20.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,300 shares of the company’s stock after acquiring an additional 2,100 shares during the quarter. Kovack Advisors Inc. owned 0.41% of Fidelity Disruptors ETF worth $373,000 as of its most recent SEC filing.

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.