Fidelity Disruptive Communications ETF (NASDAQ:FDCF – Get Free Report) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 332 shares, a decline of 65.3% from the June 15th total of 958 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 9,689 shares, the short-interest ratio is currently 0.0 days.
Institutional Trading of Fidelity Disruptive Communications ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC boosted its stake in shares of Fidelity Disruptive Communications ETF by 56.0% during the first quarter. Jane Street Group LLC now owns 95,295 shares of the company’s stock valued at $3,507,000 after purchasing an additional 34,203 shares during the period. Align Financial LLC purchased a new position in shares of Fidelity Disruptive Communications ETF in the fourth quarter worth $2,311,000. VestGen Advisors LLC purchased a new position in shares of Fidelity Disruptive Communications ETF in the fourth quarter worth $276,000. BXM Wealth LLC bought a new stake in Fidelity Disruptive Communications ETF during the 4th quarter valued at $257,000. Finally, Cape Investment Advisory Inc. raised its holdings in Fidelity Disruptive Communications ETF by 16.2% during the 3rd quarter. Cape Investment Advisory Inc. now owns 5,150 shares of the company’s stock valued at $255,000 after buying an additional 718 shares during the last quarter.
Fidelity Disruptive Communications ETF Stock Performance
NASDAQ FDCF opened at $51.33 on Monday. Fidelity Disruptive Communications ETF has a 1-year low of $41.23 and a 1-year high of $53.48. The stock has a 50-day moving average of $49.64 and a 200-day moving average of $47.47. The firm has a market cap of $102.66 million, a PE ratio of 26.94 and a beta of 1.20.
About Fidelity Disruptive Communications ETF
The Fidelity Disruptive Communications ETF (FDCF) 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 companies tied with disruptive technologies in communications services. The fund invests in securities of domestic and foreign issuers FDCF was launched on Apr 16, 2020 and is managed by Fidelity.
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