Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Update

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 67 shares, a decrease of 53.5% from the April 30th total of 144 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,228 shares, the short-interest ratio is presently 0.0 days.

Fidelity Disruptive Finance ETF Stock Performance

Shares of NASDAQ:FDFF traded down $0.08 during trading on Monday, reaching $33.51. The company had a trading volume of 4,086 shares, compared to its average volume of 3,750. The firm’s fifty day moving average is $32.80 and its 200 day moving average is $33.85. The firm has a market capitalization of $40.21 million, a PE ratio of 24.27 and a beta of 1.18. Fidelity Disruptive Finance ETF has a twelve month low of $30.16 and a twelve month high of $39.15.

Fidelity Disruptive Finance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05.

Institutional Trading of Fidelity Disruptive Finance ETF

A number of institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC raised its holdings in shares of Fidelity Disruptive Finance ETF by 532.8% in the 4th quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock worth $3,208,000 after purchasing an additional 75,824 shares in the last quarter. AE Wealth Management LLC raised its holdings in shares of Fidelity Disruptive Finance ETF by 103.0% in the 3rd quarter. AE Wealth Management LLC now owns 20,224 shares of the company’s stock worth $732,000 after purchasing an additional 10,260 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Fidelity Disruptive Finance ETF in the 3rd quarter worth approximately $263,000. Raleigh Capital Management Inc. bought a new stake in shares of Fidelity Disruptive Finance ETF in the 4th quarter worth approximately $39,000. Finally, Osaic Holdings Inc. raised its holdings in shares of Fidelity Disruptive Finance ETF by 443.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock worth $42,000 after purchasing an additional 887 shares in the last quarter.

About Fidelity Disruptive Finance ETF

The Fidelity Disruptive Finance ETF (FDFF) 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 disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.