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

Fidelity Disruptive Communications ETF (NASDAQ:FDCF) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 32,400 shares, a growth of 16.1% from the October 15th total of 27,900 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is currently 5.8 days.

Hedge Funds Weigh In On Fidelity Disruptive Communications ETF

An institutional investor recently bought a new position in Fidelity Disruptive Communications ETF stock. Cape Investment Advisory Inc. purchased a new position in shares of Fidelity Disruptive Communications ETF (NASDAQ:FDCF) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 890 shares of the company’s stock, valued at approximately $28,000. Cape Investment Advisory Inc. owned about 0.06% of Fidelity Disruptive Communications ETF as of its most recent SEC filing.

Fidelity Disruptive Communications ETF Trading Down 1.5 %

Shares of NASDAQ:FDCF opened at $37.66 on Monday. The firm has a market cap of $52.72 million, a price-to-earnings ratio of 30.80 and a beta of 1.41. Fidelity Disruptive Communications ETF has a 1 year low of $26.77 and a 1 year high of $40.56. The business has a fifty day simple moving average of $37.08 and a 200 day simple moving average of $35.38.

Fidelity Disruptive Communications ETF Company Profile

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.