Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Down 94.8% in June

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIGGet Free Report) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 98 shares, a decline of 94.8% from the June 15th total of 1,899 shares. Based on an average daily volume of 33,157 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Fidelity Crypto Industry and Digital Payments ETF Stock Down 0.1%

FDIG stock traded down $0.04 during midday trading on Friday, hitting $42.22. 12,521 shares of the company traded hands, compared to its average volume of 50,548. Fidelity Crypto Industry and Digital Payments ETF has a twelve month low of $30.64 and a twelve month high of $60.29. The stock has a market capitalization of $257.54 million, a price-to-earnings ratio of 19.69 and a beta of 2.99. The business has a 50 day simple moving average of $44.27 and a 200-day simple moving average of $40.32.

Fidelity Crypto Industry and Digital Payments ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a $0.153 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Thursday, June 18th. This is a boost from Fidelity Crypto Industry and Digital Payments ETF’s previous quarterly dividend of $0.03.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FDIG. Sterling Investment Advisors Ltd. boosted its stake in Fidelity Crypto Industry and Digital Payments ETF by 55.7% during the 1st quarter. Sterling Investment Advisors Ltd. now owns 11,185 shares of the company’s stock valued at $367,000 after purchasing an additional 4,000 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of Fidelity Crypto Industry and Digital Payments ETF by 18.7% during the first quarter. Kestra Advisory Services LLC now owns 45,445 shares of the company’s stock worth $1,490,000 after buying an additional 7,149 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new position in shares of Fidelity Crypto Industry and Digital Payments ETF during the fourth quarter worth approximately $34,000. NewEdge Advisors LLC bought a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF in the fourth quarter valued at approximately $448,000. Finally, Quadrature Capital Ltd bought a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF in the fourth quarter valued at approximately $228,000.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

(Get Free Report)

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. FDIG was launched on Apr 19, 2022 and is managed by Fidelity.

Read More

Receive News & Ratings for Fidelity Crypto Industry and Digital Payments ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Crypto Industry and Digital Payments ETF and related companies with MarketBeat.com's FREE daily email newsletter.