Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Up 61,050.0% in January

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 101,509 shares, a growth of 61,050.0% from the January 15th total of 166 shares. Currently, 7.8% of the company’s shares are short sold. Based on an average daily volume of 3,319 shares, the short-interest ratio is currently 30.6 days. Based on an average daily volume of 3,319 shares, the short-interest ratio is currently 30.6 days. Currently, 7.8% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Key Capital Management INC purchased a new position in Fidelity Disruptive Finance ETF during the 4th quarter valued at about $25,000. Osaic Holdings Inc. raised its stake in Fidelity Disruptive Finance ETF by 443.5% in the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock worth $42,000 after buying an additional 887 shares in the last quarter. Raleigh Capital Management Inc. purchased a new stake in Fidelity Disruptive Finance ETF during the fourth quarter worth $39,000. Virtu Financial LLC bought a new stake in Fidelity Disruptive Finance ETF during the 3rd quarter valued at $263,000. Finally, AE Wealth Management LLC purchased a new position in shares of Fidelity Disruptive Finance ETF in the 2nd quarter valued at $381,000.

Fidelity Disruptive Finance ETF Stock Down 3.0%

Shares of NASDAQ:FDFF opened at $33.15 on Thursday. The business’s 50 day moving average is $35.61 and its 200 day moving average is $36.06. The stock has a market cap of $43.09 million, a P/E ratio of 24.27 and a beta of 1.32. Fidelity Disruptive Finance ETF has a 52-week low of $29.92 and a 52-week high of $39.37.

Fidelity Disruptive Finance ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a dividend of $0.048 per share. The ex-dividend date was Friday, December 19th. This represents a $0.19 annualized dividend and a dividend yield of 0.6%.

Fidelity Disruptive Finance ETF Company Profile

The Fidelity Disruptive Finance ETF (FDFF) 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 disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.