Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Drops By 71.2%

Fidelity Disruptors ETF (NASDAQ:FDIFGet Free Report) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 933 shares, a drop of 71.2% from the July 15th total of 3,236 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,718 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Godfrey Financial Associates Inc. bought a new position in Fidelity Disruptors ETF in the 4th quarter valued at $36,000. Bank of Montreal Can raised its stake in shares of Fidelity Disruptors ETF by 40.0% during the 4th quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock worth $69,000 after purchasing an additional 550 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of Fidelity Disruptors ETF during the 4th quarter worth $75,000. Osaic Holdings Inc. boosted its holdings in shares of Fidelity Disruptors ETF by 340.7% in the 2nd quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock worth $278,000 after buying an additional 6,364 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity Disruptors ETF by 5.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock worth $428,000 after buying an additional 579 shares during the last quarter.

Fidelity Disruptors ETF Stock Up 0.0%

Fidelity Disruptors ETF stock opened at $41.52 on Thursday. Fidelity Disruptors ETF has a 52 week low of $31.31 and a 52 week high of $41.60. The company’s 50 day moving average price is $39.44 and its two-hundred day moving average price is $36.94. The stock has a market cap of $107.95 million, a P/E ratio of 27.66 and a beta of 1.24.

Fidelity Disruptors ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.034 per share. The ex-dividend date of this dividend was Thursday, June 18th. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. This represents a $0.14 dividend on an annualized basis and a dividend yield of 0.3%.

Fidelity Disruptors ETF Company Profile

(Get Free Report)

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. FDIF was launched on Apr 16, 2020 and is managed by Fidelity.

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