Fidelity Disruptive Communications ETF (NASDAQ:FDCF – Get Free Report) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 658 shares, a decline of 54.3% from the April 15th total of 1,439 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 6,315 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of Fidelity Disruptive Communications ETF
Several institutional investors and hedge funds have recently bought and sold shares of the business. VestGen Advisors LLC purchased a new stake in Fidelity Disruptive Communications ETF in the 4th quarter valued at $276,000. Align Financial LLC purchased a new stake in Fidelity Disruptive Communications ETF in the 4th quarter valued at $2,311,000. Key Capital Management INC purchased a new stake in Fidelity Disruptive Communications ETF in the 4th quarter valued at $29,000. Raleigh Capital Management Inc. purchased a new stake in Fidelity Disruptive Communications ETF in the 4th quarter valued at $44,000. Finally, BXM Wealth LLC purchased a new stake in Fidelity Disruptive Communications ETF in the 4th quarter valued at $257,000.
Fidelity Disruptive Communications ETF Price Performance
Shares of NASDAQ:FDCF traded down $0.55 during trading on Friday, hitting $49.31. 15,517 shares of the company were exchanged, compared to its average volume of 9,553. The stock has a market capitalization of $103.55 million, a P/E ratio of 26.94 and a beta of 1.21. Fidelity Disruptive Communications ETF has a 12-month low of $40.00 and a 12-month high of $53.48. The firm’s 50 day moving average price is $46.02 and its 200-day moving average price is $46.80.
About Fidelity Disruptive Communications ETF
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.
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