Fidelity Disruptors ETF (NASDAQ:FDIF) Sees Large Growth in Short Interest

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 2,100 shares, a growth of 200.0% from the March 15th total of 700 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,100 shares, the short-interest ratio is presently 0.2 days.

Fidelity Disruptors ETF Price Performance

Shares of Fidelity Disruptors ETF stock traded up $0.09 on Thursday, hitting $28.18. The company had a trading volume of 3,993 shares, compared to its average volume of 9,367. Fidelity Disruptors ETF has a 52 week low of $24.60 and a 52 week high of $33.94. The company has a market cap of $78.90 million, a PE ratio of 26.95 and a beta of 1.27. The business has a 50-day simple moving average of $30.56 and a 200-day simple moving average of $31.43.

Fidelity Disruptors ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a dividend of $0.028 per share. The ex-dividend date was Friday, March 21st.

Hedge Funds Weigh In On Fidelity Disruptors ETF

Several large investors have recently made changes to their positions in FDIF. Sfmg LLC increased its holdings in shares of Fidelity Disruptors ETF by 1.8% in the fourth quarter. Sfmg LLC now owns 192,555 shares of the company’s stock valued at $6,081,000 after buying an additional 3,463 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in shares of Fidelity Disruptors ETF during the fourth quarter valued at $281,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Fidelity Disruptors ETF in the 4th quarter valued at $26,000.

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.