Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Down 76.0% in December

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 160 shares, a decrease of 76.0% from the November 30th total of 666 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,153 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 5,153 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Fidelity Disruptive Finance ETF Trading Down 0.0%

FDFF stock traded down $0.01 during trading on Friday, reaching $36.26. 2,079 shares of the stock were exchanged, compared to its average volume of 6,124. The stock has a 50 day simple moving average of $35.05 and a 200-day simple moving average of $36.62. Fidelity Disruptive Finance ETF has a twelve month low of $29.92 and a twelve month high of $39.78. The company has a market capitalization of $47.14 million, a P/E ratio of 24.27 and a beta of 1.32.

Fidelity Disruptive Finance ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were given a dividend of $0.048 per share. The ex-dividend date was Friday, December 19th. This represents a $0.19 dividend on an annualized basis and a dividend yield of 0.5%.

Hedge Funds Weigh In On Fidelity Disruptive Finance ETF

A number of institutional investors have recently modified their holdings of FDFF. AE Wealth Management LLC bought a new stake in shares of Fidelity Disruptive Finance ETF during the second quarter worth $381,000. Virtu Financial LLC acquired a new stake in shares of Fidelity Disruptive Finance ETF during the third quarter worth $263,000. Finally, Osaic Holdings Inc. lifted its stake in Fidelity Disruptive Finance ETF by 443.5% in the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after buying an additional 887 shares during the period.

Fidelity Disruptive Finance ETF Company Profile

The Fidelity Disruptive Finance ETF (FDFF) 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 disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.