Fidelity Disruptors ETF (NASDAQ:FDIF) Short Interest Up 188.9% in July

Fidelity Disruptors ETF (NASDAQ:FDIF) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 3,236 shares, a growth of 188.9% from the June 30th total of 1,120 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 28,734 shares, the short-interest ratio is presently 0.1 days.

Fidelity Disruptors ETF Price Performance

FDIF stock traded up $0.03 during midday trading on Monday, hitting $38.23. The stock had a trading volume of 2,214 shares, compared to its average volume of 7,705. The firm has a market cap of $99.40 million, a PE ratio of 27.66 and a beta of 1.22. Fidelity Disruptors ETF has a 12-month low of $31.31 and a 12-month high of $40.82. The company’s 50-day moving average price is $39.07 and its 200 day moving average price is $36.65.

Fidelity Disruptors ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $0.034 per share. This represents a $0.14 annualized dividend and a dividend yield of 0.4%. This is a positive change from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, June 18th.

Institutional Investors Weigh In On Fidelity Disruptors ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of Montreal Can lifted 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 worth $69,000 after buying an additional 550 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Disruptors ETF by 5.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 11,942 shares of the company’s stock worth $428,000 after acquiring an additional 579 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in shares of Fidelity Disruptors ETF in the fourth quarter worth approximately $36,000. Kestra Advisory Services LLC purchased a new stake in Fidelity Disruptors ETF in the fourth quarter valued at approximately $75,000. Finally, Osaic Holdings Inc. increased 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 worth $278,000 after purchasing an additional 6,364 shares during the last quarter.

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. FDIF was launched on Apr 16, 2020 and is managed by Fidelity.