Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Update

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 700 shares, a growth of 75.0% from the January 31st total of 400 shares. Based on an average trading volume of 8,300 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Fidelity Disruptors ETF

Several institutional investors and hedge funds have recently made changes to their positions in FDIF. Kovack Advisors Inc. grew its holdings in shares of Fidelity Disruptors ETF by 20.6% in the 3rd quarter. Kovack Advisors Inc. now owns 12,300 shares of the company’s stock valued at $373,000 after buying an additional 2,100 shares during the period. Sfmg LLC lifted its position in Fidelity Disruptors ETF by 8.1% in the 3rd quarter. Sfmg LLC now owns 189,092 shares of the company’s stock valued at $5,737,000 after acquiring an additional 14,225 shares in the last quarter. Corient Private Wealth LLC bought a new stake in Fidelity Disruptors ETF in the 4th quarter valued at $281,000. Finally, JPMorgan Chase & Co. bought a new stake in Fidelity Disruptors ETF in the 4th quarter valued at $26,000.

Fidelity Disruptors ETF Stock Performance

FDIF traded up $0.15 during trading on Friday, reaching $31.72. 17,271 shares of the company’s stock were exchanged, compared to its average volume of 9,717. The company’s fifty day moving average price is $32.64 and its 200-day moving average price is $31.40. Fidelity Disruptors ETF has a fifty-two week low of $24.60 and a fifty-two week high of $33.94. The firm has a market capitalization of $91.99 million, a PE ratio of 30.58 and a beta of 1.27.

Fidelity Disruptors ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a $0.043 dividend. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Friday, December 20th. This represents a $0.17 annualized dividend and a dividend yield of 0.54%.

Fidelity Disruptors ETF Company Profile

The Fidelity Disruptors ETF (FDIF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds that holds a suite of global Fidelity ETFs, all of which are tied with disruptive technologies in automation, communications, finance, medicine, and technology.