Fidelity Disruptive Technology ETF (NASDAQ:FDTX) Short Interest Update

Fidelity Disruptive Technology ETF (NASDAQ:FDTX) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 55,900 shares, anincreaseof83.3% from the July 15th total of 30,500 shares. Based on an average daily trading volume, of 17,900 shares, the days-to-cover ratio is currently 3.1 days. Currently,1.2% of the company’s stock are short sold. Currently,1.2% of the company’s stock are short sold. Based on an average daily trading volume, of 17,900 shares, the days-to-cover ratio is currently 3.1 days.

Institutional Trading of Fidelity Disruptive Technology ETF

Several institutional investors and hedge funds have recently modified their holdings of FDTX. JPMorgan Chase & Co. raised its stake in shares of Fidelity Disruptive Technology ETF by 693.0% in the second quarter. JPMorgan Chase & Co. now owns 94,815 shares of the company’s stock worth $3,699,000 after purchasing an additional 82,859 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Fidelity Disruptive Technology ETF by 545.6% in the first quarter. Jane Street Group LLC now owns 46,044 shares of the company’s stock worth $1,450,000 after purchasing an additional 38,912 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Fidelity Disruptive Technology ETF in the first quarter worth approximately $677,000. BXM Wealth LLC purchased a new stake in shares of Fidelity Disruptive Technology ETF in the second quarter worth approximately $835,000. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Fidelity Disruptive Technology ETF by 91.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 34,347 shares of the company’s stock worth $1,082,000 after purchasing an additional 16,449 shares during the last quarter.

Fidelity Disruptive Technology ETF Stock Performance

FDTX stock opened at $38.49 on Wednesday. The stock’s 50 day simple moving average is $38.79 and its 200 day simple moving average is $35.60. Fidelity Disruptive Technology ETF has a fifty-two week low of $26.71 and a fifty-two week high of $40.54. The company has a market cap of $180.90 million, a P/E ratio of 36.21 and a beta of 1.50.

Fidelity Disruptive Technology ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were paid a $0.002 dividend. The ex-dividend date of this dividend was Friday, June 20th. This represents a $0.01 annualized dividend and a dividend yield of 0.0%.

Fidelity Disruptive Technology ETF Company Profile

The Fidelity Disruptive Technology ETF (FDTX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in innovative businesses believed to have the potential for market disruption. The fund holds global disruptive technology companies, from machine learning to next-generation hardware and AI.