Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Decreases By 94.1%

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 370 shares, a drop of 94.1% from the April 30th total of 6,290 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 4,709 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Fidelity Disruptors ETF

Institutional investors have recently added to or reduced their stakes in the stock. Godfrey Financial Associates Inc. bought a new stake in Fidelity Disruptors ETF during the fourth quarter valued at about $36,000. Bank of Montreal Can boosted its position in Fidelity Disruptors ETF by 40.0% during the fourth quarter. Bank of Montreal Can now owns 1,924 shares of the company’s stock valued at $69,000 after purchasing an additional 550 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in Fidelity Disruptors ETF during the fourth quarter valued at about $75,000. Osaic Holdings Inc. boosted its position in Fidelity Disruptors ETF by 340.7% during the second quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock valued at $278,000 after purchasing an additional 6,364 shares in the last quarter. Finally, MFA Wealth Services boosted its position in Fidelity Disruptors ETF by 2.7% during the third quarter. MFA Wealth Services now owns 11,476 shares of the company’s stock valued at $408,000 after purchasing an additional 298 shares in the last quarter.

Fidelity Disruptors ETF Trading Up 0.5%

Shares of Fidelity Disruptors ETF stock traded up $0.18 during trading on Friday, hitting $39.06. 3,930 shares of the stock traded hands, compared to its average volume of 6,687. The firm has a market cap of $105.46 million, a P/E ratio of 27.66 and a beta of 1.25. Fidelity Disruptors ETF has a 52-week low of $31.31 and a 52-week high of $39.12. The stock’s fifty day simple moving average is $35.90 and its 200 day simple moving average is $35.59.

Fidelity Disruptors ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were given a dividend of $0.016 per share. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.06 dividend on an annualized basis and a yield of 0.2%.

About Fidelity Disruptors ETF

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.