Fidelity Disruptive Communications ETF (NASDAQ:FDCF – Get Free Report) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 32,400 shares, a growth of 16.1% from the October 15th total of 27,900 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is presently 5.8 days.
Fidelity Disruptive Communications ETF Price Performance
Shares of Fidelity Disruptive Communications ETF stock traded down $0.57 on Friday, reaching $37.66. The company had a trading volume of 3,107 shares, compared to its average volume of 5,833. The firm’s 50-day moving average price is $37.08 and its two-hundred day moving average price is $35.36. Fidelity Disruptive Communications ETF has a 1 year low of $26.77 and a 1 year high of $40.56. The firm has a market cap of $52.72 million, a price-to-earnings ratio of 30.80 and a beta of 1.41.
Institutional Investors Weigh In On Fidelity Disruptive Communications ETF
An institutional investor recently bought a new position in Fidelity Disruptive Communications ETF stock. Cape Investment Advisory Inc. bought a new position in shares of Fidelity Disruptive Communications ETF (NASDAQ:FDCF – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 890 shares of the company’s stock, valued at approximately $28,000. Cape Investment Advisory Inc. owned about 0.06% of Fidelity Disruptive Communications ETF at the end of the most recent quarter.
Fidelity Disruptive Communications ETF Company Profile
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.
See Also
- Five stocks we like better than Fidelity Disruptive Communications ETF
- What is a Low P/E Ratio and What Does it Tell Investors?
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- Stock Dividend Cuts Happen Are You Ready?
- Time to Load Up on Home Builders?
Receive News & Ratings for Fidelity Disruptive Communications ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Disruptive Communications ETF and related companies with MarketBeat.com's FREE daily email newsletter.
