Fidelity Disruptive Technology ETF (NASDAQ:FDTX) Short Interest Update

Fidelity Disruptive Technology ETF (NASDAQ:FDTX) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,200 shares, a decline of 90.4% from the February 28th total of 22,900 shares. Based on an average trading volume of 21,100 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Fidelity Disruptive Technology ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FDTX. Venturi Wealth Management LLC acquired a new position in shares of Fidelity Disruptive Technology ETF in the fourth quarter valued at about $212,000. BXM Wealth LLC acquired a new position in shares of Fidelity Disruptive Technology ETF during the 4th quarter worth about $218,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Fidelity Disruptive Technology ETF during the fourth quarter worth approximately $305,000.

Fidelity Disruptive Technology ETF Trading Down 3.0 %

Shares of NASDAQ FDTX traded down $1.04 during midday trading on Wednesday, hitting $33.08. The company’s stock had a trading volume of 10,549 shares, compared to its average volume of 22,857. The firm has a market cap of $155.48 million, a P/E ratio of 33.22 and a beta of 1.67. The business’s 50 day moving average is $35.59 and its two-hundred day moving average is $34.92. Fidelity Disruptive Technology ETF has a 12-month low of $27.21 and a 12-month high of $38.45.

Fidelity Disruptive Technology ETF Company Profile

The Fidelity Disruptive Technology ETF (FDTX) 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 innovative businesses believed to have the potential for market disruption. The fund holds global disruptive technology companies, from machine learning to next-generation hardware and AI.