Fidelity Disruptors ETF (NASDAQ:FDIF) Sees Significant Increase in Short Interest

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a growth of 100.0% from the October 31st total of 100 shares. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is currently 0.0 days.

Fidelity Disruptors ETF Stock Performance

NASDAQ:FDIF traded down $0.06 on Thursday, hitting $32.30. The stock had a trading volume of 8,372 shares, compared to its average volume of 11,233. The company has a fifty day moving average price of $30.95 and a two-hundred day moving average price of $29.52. Fidelity Disruptors ETF has a 1-year low of $24.27 and a 1-year high of $32.56.

Fidelity Disruptors ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Friday, September 20th were issued a $0.026 dividend. The ex-dividend date was Friday, September 20th. This represents a $0.10 annualized dividend and a dividend yield of 0.32%.

Institutional Investors Weigh In On Fidelity Disruptors ETF

Large investors have recently modified their holdings of the company. Commonwealth Equity Services LLC increased its position in shares of Fidelity Disruptors ETF by 10.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 10,936 shares of the company’s stock valued at $316,000 after purchasing an additional 1,014 shares during the last quarter. Kovack Advisors Inc. increased its position in shares of Fidelity Disruptors ETF by 20.6% in the 3rd quarter. Kovack Advisors Inc. now owns 12,300 shares of the company’s stock valued at $373,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Sfmg LLC increased its position in shares of Fidelity Disruptors ETF by 1.2% in the 2nd quarter. Sfmg LLC now owns 174,867 shares of the company’s stock valued at $5,045,000 after purchasing an additional 1,997 shares during the last quarter.

About Fidelity Disruptors ETF

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.