Short Interest in Fidelity Disruptors ETF (NASDAQ:FDIF) Grows By 550.0%

Posted by Micah Haroldson on Jan 29th, 2025

Fidelity Disruptors ETF (NASDAQ:FDIF – Get Free Report) was the recipient of a large growth in short interest during 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 days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Fidelity Disruptors ETF

A hedge fund recently raised its stake in Fidelity Disruptors ETF stock. Kovack Advisors Inc. grew its position in Fidelity Disruptors ETF (NASDAQ:FDIF – Free Report) by 20.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,300 shares of the company’s stock after purchasing an additional 2,100 shares during the period. Kovack Advisors Inc. owned approximately 0.41% of Fidelity Disruptors ETF worth $373,000 at the end of the most recent quarter.

Fidelity Disruptors ETF Stock Up 1.4 %

FDIF stock traded up $0.45 during trading on Tuesday, reaching $33.23. The company had a trading volume of 14,031 shares, compared to its average volume of 10,931. Fidelity Disruptors ETF has a twelve month low of $24.60 and a twelve month high of $33.54. The firm has a 50-day simple moving average of $32.31 and a 200-day simple moving average of $30.61.

Fidelity Disruptors ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a dividend of $0.043 per share. The ex-dividend date of this dividend was Friday, December 20th. This is a positive change 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%.

Fidelity Disruptors ETF Company Profile

(Get Free Report)

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.