Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Update

Fidelity Disruptors ETF (NASDAQ:FDIF – Get Free Report) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 6,290 shares, a growth of 210.0% from the April 15th total of 2,029 shares. Based on an average trading volume of 5,154 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On Fidelity Disruptors ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. MFA Wealth Services boosted its holdings in Fidelity Disruptors ETF by 2.7% during the 3rd quarter. MFA Wealth Services now owns 11,476 shares of the company’s stock valued at $408,000 after acquiring an additional 298 shares during the period. Bank of Montreal Can boosted its holdings in Fidelity Disruptors ETF by 40.0% during the 4th quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock valued at $69,000 after acquiring an additional 550 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Fidelity Disruptors ETF by 5.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock valued at $428,000 after acquiring an additional 579 shares during the period. Godfrey Financial Associates Inc. purchased a new position in Fidelity Disruptors ETF during the 4th quarter valued at about $36,000. Finally, Kestra Advisory Services LLC purchased a new position in Fidelity Disruptors ETF during the 4th quarter valued at about $75,000.

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Fidelity Disruptors ETF Price Performance

Shares of NASDAQ:FDIF traded down $0.71 during midday trading on Friday, reaching $37.45. 7,963 shares of the company’s stock were exchanged, compared to its average volume of 6,930. The firm’s 50 day simple moving average is $35.08 and its two-hundred day simple moving average is $35.45. The stock has a market cap of $101.12 million, a price-to-earnings ratio of 27.66 and a beta of 1.25. Fidelity Disruptors ETF has a fifty-two week low of $31.31 and a fifty-two week high of $38.25.

Fidelity Disruptors ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were issued a dividend of $0.016 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, March 20th.

Fidelity Disruptors ETF Company Profile

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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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