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

Fidelity Disruptors ETF (NASDAQ:FDIF) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,900 shares, a growth of 550.0% from the December 31st total of 600 shares. Based on an average daily volume of 8,100 shares, the short-interest ratio is presently 0.5 days.

Fidelity Disruptors ETF Trading Up 1.4 %

NASDAQ FDIF opened at $33.23 on Wednesday. Fidelity Disruptors ETF has a 52-week low of $24.60 and a 52-week high of $33.54. The firm’s 50 day moving average price is $32.37 and its 200-day moving average price is $30.66.

Fidelity Disruptors ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were paid a dividend of $0.043 per share. This is a boost from Fidelity Disruptors ETF’s previous quarterly dividend of $0.03. This represents a $0.17 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date was Friday, December 20th.

Hedge Funds Weigh In On Fidelity Disruptors ETF

An institutional investor recently raised its position in Fidelity Disruptors ETF stock. Kovack Advisors Inc. increased its stake in shares of Fidelity Disruptors ETF (NASDAQ:FDIF) by 20.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,300 shares of the company’s stock after buying an additional 2,100 shares during the quarter. Kovack Advisors Inc. owned about 0.41% of Fidelity Disruptors ETF worth $373,000 as of its most recent SEC filing.

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.