Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Down 71.2% in July

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 933 shares, a decrease of 71.2% from the July 15th total of 3,236 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,718 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Godfrey Financial Associates Inc. acquired a new position in Fidelity Disruptors ETF in the 4th quarter worth about $36,000. Bank of Montreal Can lifted its holdings in shares of Fidelity Disruptors ETF by 40.0% during the 4th quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock valued at $69,000 after buying an additional 550 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Fidelity Disruptors ETF during the 4th quarter valued at about $75,000. Osaic Holdings Inc. grew its stake in shares of Fidelity Disruptors ETF by 340.7% in the 2nd quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock valued at $278,000 after buying an additional 6,364 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of Fidelity Disruptors ETF by 5.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock valued at $428,000 after buying an additional 579 shares in the last quarter.

Fidelity Disruptors ETF Trading Down 0.3%

FDIF stock traded down $0.13 during midday trading on Friday, reaching $41.75. The company had a trading volume of 9,736 shares, compared to its average volume of 7,509. The company has a 50 day moving average of $39.56 and a two-hundred day moving average of $37.01. The company has a market capitalization of $108.55 million, a P/E ratio of 27.66 and a beta of 1.24. Fidelity Disruptors ETF has a 1 year low of $31.31 and a 1 year high of $42.00.

Fidelity Disruptors ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a dividend of $0.034 per share. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. This represents a $0.14 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, June 18th.

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. FDIF was launched on Apr 16, 2020 and is managed by Fidelity.