Fidelity Disruptive Technology ETF (NASDAQ:FDTX) Short Interest Update

Fidelity Disruptive Technology ETF (NASDAQ:FDTX) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 54,300 shares, a decrease of 30.8% from the September 30th total of 78,500 shares. Based on an average daily volume of 19,100 shares, the short-interest ratio is currently 2.8 days.

Fidelity Disruptive Technology ETF Stock Performance

Shares of NASDAQ FDTX traded up $0.18 during trading hours on Friday, hitting $33.55. The company’s stock had a trading volume of 10,755 shares, compared to its average volume of 31,317. The business has a 50-day simple moving average of $32.38 and a 200-day simple moving average of $32.07. The stock has a market cap of $157.69 million, a price-to-earnings ratio of 39.22 and a beta of 1.67. Fidelity Disruptive Technology ETF has a 12 month low of $22.25 and a 12 month high of $34.62.

Institutional Investors Weigh In On Fidelity Disruptive Technology ETF

An institutional investor recently bought a new position in Fidelity Disruptive Technology ETF stock. Dana Investment Advisors Inc. bought a new stake in shares of Fidelity Disruptive Technology ETF (NASDAQ:FDTX) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,908 shares of the company’s stock, valued at approximately $230,000. Dana Investment Advisors Inc. owned approximately 0.14% of Fidelity Disruptive Technology ETF at the end of the most recent quarter.

About Fidelity Disruptive Technology ETF

The Fidelity Disruptive Technology ETF (FDTX) 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 innovative businesses believed to have the potential for market disruption. The fund holds global disruptive technology companies, from machine learning to next-generation hardware and AI.