Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Down 39.3% in February

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 16,200 shares, a decline of 39.3% from the February 13th total of 26,700 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 97,900 shares, the days-to-cover ratio is presently 0.2 days.

Fidelity Crypto Industry and Digital Payments ETF Stock Down 0.5 %

Shares of FDIG traded down $0.12 during trading hours on Monday, reaching $26.28. The stock had a trading volume of 19,751 shares, compared to its average volume of 82,243. The company has a market cap of $141.91 million, a P/E ratio of 22.01 and a beta of 3.84. The firm has a 50-day moving average of $32.36 and a 200 day moving average of $32.20. Fidelity Crypto Industry and Digital Payments ETF has a 52 week low of $22.50 and a 52 week high of $43.70.

Fidelity Crypto Industry and Digital Payments ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 30th were paid a $0.006 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Investors Weigh In On Fidelity Crypto Industry and Digital Payments ETF

Large investors have recently made changes to their positions in the stock. Atria Wealth Solutions Inc. increased its holdings in shares of Fidelity Crypto Industry and Digital Payments ETF by 1,914.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 246,111 shares of the company’s stock valued at $7,998,000 after purchasing an additional 233,896 shares during the last quarter. Torno Capital LLC bought a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the 4th quarter worth approximately $5,848,000. Commonwealth Equity Services LLC increased its stake in shares of Fidelity Crypto Industry and Digital Payments ETF by 567.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 82,947 shares of the company’s stock valued at $2,695,000 after purchasing an additional 70,520 shares during the last quarter. GTS Securities LLC bought a new position in shares of Fidelity Crypto Industry and Digital Payments ETF in the fourth quarter worth about $1,056,000. Finally, OLD Mission Capital LLC acquired a new position in shares of Fidelity Crypto Industry and Digital Payments ETF during the fourth quarter worth $921,000.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

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.