Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Up 189.2% in June

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totalling 80,400 shares, a growth of 189.2% from the June 15th total of 27,800 shares. Based on an average daily volume of 50,200 shares, the short-interest ratio is presently 1.6 days.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

Several institutional investors have recently bought and sold shares of the stock. Sunbelt Securities Inc. bought a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF in the 1st quarter worth about $305,000. Atria Wealth Solutions Inc. acquired a new position in Fidelity Crypto Industry and Digital Payments ETF in the fourth quarter valued at about $296,000. Finally, Jane Street Group LLC bought a new stake in Fidelity Crypto Industry and Digital Payments ETF during the first quarter worth about $9,474,000.

Fidelity Crypto Industry and Digital Payments ETF Stock Up 5.8 %

FDIG traded up $1.68 during midday trading on Friday, reaching $30.89. 56,514 shares of the company’s stock were exchanged, compared to its average volume of 81,393. Fidelity Crypto Industry and Digital Payments ETF has a one year low of $14.95 and a one year high of $32.87. The firm has a market capitalization of $109.66 million, a price-to-earnings ratio of 10.94 and a beta of 3.84. The business has a 50-day simple moving average of $27.82 and a two-hundred day simple moving average of $26.74.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

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.