Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Down 80.9% in December

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 20,000 shares, a drop of 80.9% from the December 15th total of 104,600 shares. Based on an average trading volume of 106,000 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

An institutional investor recently raised its position in Fidelity Crypto Industry and Digital Payments ETF stock. Sunbelt Securities Inc. boosted its stake in shares of Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) by 160.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,400 shares of the company’s stock after buying an additional 5,172 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.23% of Fidelity Crypto Industry and Digital Payments ETF worth $229,000 as of its most recent SEC filing.

Fidelity Crypto Industry and Digital Payments ETF Price Performance

Shares of FDIG traded up $0.67 during mid-day trading on Tuesday, reaching $33.22. 60,158 shares of the company’s stock traded hands, compared to its average volume of 98,432. Fidelity Crypto Industry and Digital Payments ETF has a 12 month low of $19.50 and a 12 month high of $43.70. The stock has a market cap of $169.42 million, a P/E ratio of 10.94 and a beta of 3.84. The stock’s 50-day moving average is $36.72 and its two-hundred day moving average is $31.33.

Fidelity Crypto Industry and Digital Payments ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 30th were paid a $0.006 dividend. The ex-dividend date of this dividend was Monday, December 30th.

About Fidelity Crypto Industry and Digital Payments ETF

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.