Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Short Interest Down 54.1% in June
by Teresa Graham · The Cerbat GemFidelity Disruptive Finance ETF (NASDAQ:FDFF – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 67 shares, a decrease of 54.1% from the May 31st total of 146 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of FDFF. Jane Street Group LLC boosted its stake in shares of Fidelity Disruptive Finance ETF by 532.8% during the 4th quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock worth $3,208,000 after acquiring an additional 75,824 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Fidelity Disruptive Finance ETF in the 3rd quarter valued at about $263,000. Raleigh Capital Management Inc. purchased a new position in shares of Fidelity Disruptive Finance ETF in the 4th quarter valued at about $39,000. Osaic Holdings Inc. raised its holdings in Fidelity Disruptive Finance ETF by 443.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock worth $42,000 after purchasing an additional 887 shares during the period. Finally, Key Capital Management INC acquired a new position in Fidelity Disruptive Finance ETF in the 4th quarter worth about $25,000.
Fidelity Disruptive Finance ETF Stock Performance
Fidelity Disruptive Finance ETF stock opened at $32.89 on Monday. Fidelity Disruptive Finance ETF has a 12 month low of $30.16 and a 12 month high of $39.15. The stock’s 50 day simple moving average is $33.23 and its two-hundred day simple moving average is $33.63. The firm has a market cap of $39.47 million, a PE ratio of 24.27 and a beta of 1.14.
Fidelity Disruptive Finance ETF Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.188 per share. This is a boost from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05. This represents a $0.75 annualized dividend and a yield of 2.3%. The ex-dividend date was Thursday, June 18th.
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.