Short Interest in Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Declines By 80.9%

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 20,000 shares, a drop of 80.9% from the December 31st total of 104,600 shares. Based on an average daily trading volume, of 106,000 shares, the days-to-cover ratio is presently 0.2 days.

Fidelity Crypto Industry and Digital Payments ETF Stock Performance

FDIG stock traded up $0.32 during midday trading on Tuesday, hitting $33.51. 50,232 shares of the company’s stock were exchanged, compared to its average volume of 98,990. Fidelity Crypto Industry and Digital Payments ETF has a one year low of $20.40 and a one year high of $43.70. The company has a market cap of $180.95 million, a PE ratio of 10.94 and a beta of 3.84. The stock’s fifty day moving average price is $36.56 and its 200-day moving average price is $31.68.

Fidelity Crypto Industry and Digital Payments ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 30th were issued a dividend of $0.006 per share. The ex-dividend date was Monday, December 30th.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

A hedge fund recently bought a new stake in Fidelity Crypto Industry and Digital Payments ETF stock. Prairie Wealth Advisors Inc. acquired a new position in shares of Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,536 shares of the company’s stock, valued at approximately $310,000. Prairie Wealth Advisors Inc. owned approximately 0.18% of Fidelity Crypto Industry and Digital Payments ETF as of its most recent SEC filing.

About Fidelity Crypto Industry and Digital Payments ETF

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume.