Fidelity Disruptive Communications ETF (NASDAQ:FDCF) Short Interest Update

Fidelity Disruptive Communications ETF (NASDAQ:FDCF) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totaling 2,068 shares, an increase of 159.5% from the March 15th total of 797 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 9,057 shares, the days-to-cover ratio is currently 0.2 days.

Fidelity Disruptive Communications ETF Price Performance

Shares of NASDAQ:FDCF opened at $45.11 on Friday. The company has a market cap of $99.24 million, a P/E ratio of 26.94 and a beta of 1.22. Fidelity Disruptive Communications ETF has a 1 year low of $33.65 and a 1 year high of $53.48. The stock’s fifty day moving average price is $44.77 and its 200-day moving average price is $46.90.

Institutional Investors Weigh In On Fidelity Disruptive Communications ETF

Institutional investors have recently modified their holdings of the stock. Align Financial LLC bought a new stake in shares of Fidelity Disruptive Communications ETF during the 4th quarter worth approximately $2,311,000. Jane Street Group LLC lifted its stake in shares of Fidelity Disruptive Communications ETF by 56.0% during the 1st quarter. Jane Street Group LLC now owns 95,295 shares of the company’s stock worth $3,507,000 after acquiring an additional 34,203 shares during the last quarter. AE Wealth Management LLC lifted its stake in shares of Fidelity Disruptive Communications ETF by 105.4% during the 3rd quarter. AE Wealth Management LLC now owns 21,117 shares of the company’s stock worth $1,046,000 after acquiring an additional 10,838 shares during the last quarter. VestGen Advisors LLC bought a new stake in shares of Fidelity Disruptive Communications ETF during the 4th quarter worth approximately $276,000. Finally, BXM Wealth LLC bought a new stake in shares of Fidelity Disruptive Communications ETF during the 4th quarter worth approximately $257,000.

About Fidelity Disruptive Communications ETF

The Fidelity Disruptive Communications ETF (FDCF) 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 companies tied with disruptive technologies in communications services. The fund invests in securities of domestic and foreign issuers FDCF was launched on Apr 16, 2020 and is managed by Fidelity.