Fidelity Disruptors ETF (NASDAQ:FDIF) Shares Shorted: Short Interest Down 60.4% in September

Fidelity Disruptors ETF (NASDAQ:FDIF – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 439 shares, a drop of 60.4% from the September 15th total of 1,108 shares. Based on an average daily trading volume, of 2,798 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Fidelity Disruptors ETF Stock Performance

NASDAQ:FDIF traded down $0.16 during trading hours on Tuesday, reaching $41.85. The stock had a trading volume of 7,307 shares, compared to its average volume of 6,706. The stock has a market cap of $108.81 million, a P/E ratio of 27.66 and a beta of 1.24. The stock has a 50 day simple moving average of $41.51 and a 200 day simple moving average of $39.03. Fidelity Disruptors ETF has a 12-month low of $31.31 and a 12-month high of $42.84.

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Fidelity Disruptors ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Friday, September 18th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%. This is a decrease from Fidelity Disruptors ETF’s previous quarterly dividend of $0.0340. The ex-dividend date was Friday, September 18th.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Fidelity Disruptors ETF stock. Citadel Advisors LLC raised its holdings in shares of Fidelity Disruptors ETF (NASDAQ:FDIF – Free Report) by 17.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,568 shares of the company’s stock after buying an additional 1,591 shares during the quarter. Citadel Advisors LLC owned about 0.41% of Fidelity Disruptors ETF worth $428,000 as of its most recent filing with the Securities & Exchange Commission.

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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