Fidelity Disruptors ETF (NASDAQ:FDIF – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,901 shares, a growth of 333.0% from the September 30th total of 439 shares. Based on an average trading volume of 4,656 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are sold short.
Fidelity Disruptors ETF Price Performance
FDIF traded down $0.32 on Thursday, reaching $40.95. 2,606 shares of the company traded hands, compared to its average volume of 7,670. The stock’s 50 day moving average price is $41.40 and its 200-day moving average price is $38.13. Fidelity Disruptors ETF has a 52-week low of $31.31 and a 52-week high of $42.84. The company has a market cap of $102.38 million, a price-to-earnings ratio of 27.66 and a beta of 1.24.
Fidelity Disruptors ETF Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Friday, September 18th were paid a $0.02 dividend. The ex-dividend date was Friday, September 18th. This is a negative change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.0340. This represents a $0.08 annualized dividend and a dividend yield of 0.2%.
Institutional Trading of Fidelity Disruptors ETF
A hedge fund recently raised its position in Fidelity Disruptors ETF stock. MFA Wealth Services boosted its stake in shares of Fidelity Disruptors ETF (NASDAQ:FDIF – Free Report) by 4.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,229 shares of the company’s stock after acquiring an additional 525 shares during the quarter. MFA Wealth Services owned 0.47% of Fidelity Disruptors ETF worth $510,000 as of its most recent SEC filing.
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.
See Also
- Five stocks we like better than Fidelity Disruptors ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for Fidelity Disruptors ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Disruptors ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}