Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Drops By 22.2%

Fidelity Disruptors ETF (NASDAQ:FDIF) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 700 shares, a decrease of 22.2% from the February 28th total of 900 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,100 shares, the short-interest ratio is currently 0.1 days.

Fidelity Disruptors ETF Stock Performance

NASDAQ:FDIF traded down $0.30 during trading hours on Monday, reaching $29.53. The stock had a trading volume of 4,069 shares, compared to its average volume of 9,444. Fidelity Disruptors ETF has a 52 week low of $24.60 and a 52 week high of $33.94. The stock has a market capitalization of $83.57 million, a PE ratio of 26.95 and a beta of 1.27. The company has a 50 day moving average price of $32.08 and a two-hundred day moving average price of $31.63.

Fidelity Disruptors ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a $0.028 dividend. The ex-dividend date of this dividend was Friday, March 21st.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. purchased a new position in Fidelity Disruptors ETF in the fourth quarter valued at about $26,000. Sfmg LLC boosted its holdings in shares of Fidelity Disruptors ETF by 1.8% in the 4th quarter. Sfmg LLC now owns 192,555 shares of the company’s stock valued at $6,081,000 after buying an additional 3,463 shares in the last quarter. Finally, Corient Private Wealth LLC purchased a new position in shares of Fidelity Disruptors ETF in the 4th quarter worth approximately $281,000.

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.