Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Down 85.5% in March

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 1,200 shares, a decline of 85.5% from the February 29th total of 8,300 shares. Based on an average daily volume of 121,700 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Fidelity Crypto Industry and Digital Payments ETF

A number of large investors have recently bought and sold shares of the stock. Jane Street Group LLC raised its stake in Fidelity Crypto Industry and Digital Payments ETF by 805.1% in the 4th quarter. Jane Street Group LLC now owns 196,427 shares of the company’s stock valued at $2,053,000 after purchasing an additional 174,725 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Fidelity Crypto Industry and Digital Payments ETF during the 2nd quarter worth $620,000. Citadel Advisors LLC acquired a new position in shares of Fidelity Crypto Industry and Digital Payments ETF in the 3rd quarter valued at about $490,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF in the 4th quarter worth approximately $416,000. Finally, Cetera Advisor Networks LLC grew its position in shares of Fidelity Crypto Industry and Digital Payments ETF by 13.3% during the fourth quarter. Cetera Advisor Networks LLC now owns 11,443 shares of the company’s stock worth $317,000 after acquiring an additional 1,346 shares during the last quarter.

Fidelity Crypto Industry and Digital Payments ETF Stock Performance

NASDAQ FDIG traded up $0.31 during trading hours on Thursday, reaching $29.44. The company’s stock had a trading volume of 78,202 shares, compared to its average volume of 116,372. Fidelity Crypto Industry and Digital Payments ETF has a fifty-two week low of $14.47 and a fifty-two week high of $32.87. The stock has a market cap of $94.21 million, a PE ratio of 10.94 and a beta of 3.84. The company’s 50-day moving average is $26.01 and its two-hundred day moving average is $22.06.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume.