Fidelity Disruptive Communications ETF (NASDAQ:FDCF) Short Interest Update

Fidelity Disruptive Communications ETF (NASDAQ:FDCF) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, an increase of 100.0% from the February 28th total of 100 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Fidelity Disruptive Communications ETF Stock Performance

Shares of FDCF stock traded down $0.93 during trading hours on Friday, reaching $37.04. The company had a trading volume of 6,433 shares, compared to its average volume of 7,284. Fidelity Disruptive Communications ETF has a 12-month low of $29.78 and a 12-month high of $42.00. The company has a market capitalization of $55.56 million, a price-to-earnings ratio of 23.24 and a beta of 1.41. The stock has a fifty day moving average of $39.42 and a 200-day moving average of $38.42.

Institutional Trading of Fidelity Disruptive Communications ETF

Large investors have recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC purchased a new position in shares of Fidelity Disruptive Communications ETF during the 4th quarter worth $1,427,000. Jane Street Group LLC grew its holdings in shares of Fidelity Disruptive Communications ETF by 107.1% in the fourth quarter. Jane Street Group LLC now owns 61,092 shares of the company’s stock valued at $2,308,000 after purchasing an additional 31,587 shares during the period. Finally, Cape Investment Advisory Inc. boosted its holdings in Fidelity Disruptive Communications ETF by 7.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 3,842 shares of the company’s stock valued at $145,000 after purchasing an additional 278 shares during the last quarter.

Fidelity Disruptive Communications ETF Company Profile

The Fidelity Disruptive Communications ETF (FDCF) 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 companies tied with disruptive technologies in communications services. The fund invests in securities of domestic and foreign issuers FDCF was launched on Apr 16, 2020 and is managed by Fidelity.