Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Down 94.8% in February

Fidelity Disruptive Finance ETF (NASDAQ:FDFF) was the target of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 5,319 shares, a decline of 94.8% from the January 29th total of 101,509 shares. Based on an average daily trading volume, of 4,413 shares, the short-interest ratio is presently 1.2 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 4,413 shares, the short-interest ratio is presently 1.2 days.

Fidelity Disruptive Finance ETF Price Performance

NASDAQ FDFF opened at $32.74 on Thursday. The stock’s fifty day moving average price is $35.02 and its 200 day moving average price is $35.67. Fidelity Disruptive Finance ETF has a 1 year low of $29.92 and a 1 year high of $39.15. The company has a market cap of $42.56 million, a price-to-earnings ratio of 24.27 and a beta of 1.32.

Fidelity Disruptive Finance ETF Cuts Dividend

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

Institutional Investors Weigh In On Fidelity Disruptive Finance ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Key Capital Management INC acquired a new position in Fidelity Disruptive Finance ETF in the 4th quarter worth approximately $25,000. Raleigh Capital Management Inc. acquired a new stake in Fidelity Disruptive Finance ETF during the 4th quarter valued at approximately $39,000. Osaic Holdings Inc. boosted its holdings in shares of Fidelity Disruptive Finance ETF by 443.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after acquiring an additional 887 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Fidelity Disruptive Finance ETF in the third quarter worth $263,000. Finally, AE Wealth Management LLC purchased a new position in shares of Fidelity Disruptive Finance ETF during the second quarter worth $381,000.

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.