Fidelity Disruptive Communications ETF (NASDAQ:FDCF – Get Free Report) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 1,329 shares, a growth of 300.3% from the June 30th total of 332 shares. Based on an average daily volume of 7,015 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.
Fidelity Disruptive Communications ETF Stock Down 0.4%
NASDAQ:FDCF traded down $0.17 on Friday, hitting $47.83. The stock had a trading volume of 3,589 shares, compared to its average volume of 9,171. The stock has a market cap of $95.66 million, a price-to-earnings ratio of 26.94 and a beta of 1.20. The company has a fifty day moving average price of $49.74 and a two-hundred day moving average price of $47.57. Fidelity Disruptive Communications ETF has a 1-year low of $41.23 and a 1-year high of $53.48.
Institutional Trading of Fidelity Disruptive Communications ETF
Several institutional investors have recently made changes to their positions in FDCF. Key Capital Management INC acquired a new position in Fidelity Disruptive Communications ETF in the fourth quarter valued at approximately $29,000. Raleigh Capital Management Inc. acquired a new stake in Fidelity Disruptive Communications ETF during the fourth quarter worth $44,000. Advisory Services Network LLC acquired a new stake in Fidelity Disruptive Communications ETF during the third quarter worth $59,000. BXM Wealth LLC acquired a new stake in Fidelity Disruptive Communications ETF during the fourth quarter worth $257,000. Finally, VestGen Advisors LLC purchased a new stake in Fidelity Disruptive Communications ETF in the fourth quarter valued at $276,000.
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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