Short Interest in Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Expands By 117.9%

Fidelity Disruptive Finance ETF (NASDAQ:FDFFGet Free Report) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 146 shares, a growth of 117.9% from the May 14th total of 67 shares. Based on an average trading volume of 3,841 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Fidelity Disruptive Finance ETF Price Performance

NASDAQ FDFF opened at $32.62 on Friday. Fidelity Disruptive Finance ETF has a 12 month low of $30.16 and a 12 month high of $39.15. The company has a market capitalization of $39.14 million, a price-to-earnings ratio of 24.27 and a beta of 1.14. The company’s fifty day moving average price is $33.12 and its two-hundred day moving average price is $33.75.

Fidelity Disruptive Finance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, March 20th. This is an increase from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Key Capital Management INC bought a new position in shares of Fidelity Disruptive Finance ETF in the 4th quarter worth about $25,000. Osaic Holdings Inc. lifted its position in shares of Fidelity Disruptive Finance ETF by 443.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock worth $42,000 after buying an additional 887 shares during the last quarter. Raleigh Capital Management Inc. bought a new position in shares of Fidelity Disruptive Finance ETF in the 4th quarter worth about $39,000. Virtu Financial LLC lifted its position in shares of Fidelity Disruptive Finance ETF by 77.5% in the 4th quarter. Virtu Financial LLC now owns 12,888 shares of the company’s stock worth $459,000 after buying an additional 5,627 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Fidelity Disruptive Finance ETF by 532.8% in the 4th quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock worth $3,208,000 after buying an additional 75,824 shares during the last quarter.

Fidelity Disruptive Finance ETF Company Profile

(Get Free Report)

The Fidelity Disruptive Finance ETF (FDFF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.

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