Fidelity Disruptive Communications ETF (NASDAQ:FDCF – Get Free Report) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 33,100 shares, a decline of 32.9% from the November 30th total of 49,300 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is currently 4.5 days.
Hedge Funds Weigh In On Fidelity Disruptive Communications ETF
An institutional investor recently bought a new position in Fidelity Disruptive Communications ETF stock. Davies Financial Advisors Inc. acquired a new stake in shares of Fidelity Disruptive Communications ETF (NASDAQ:FDCF – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,915 shares of the company’s stock, valued at approximately $256,000. Davies Financial Advisors Inc. owned 0.49% of Fidelity Disruptive Communications ETF at the end of the most recent quarter.
Fidelity Disruptive Communications ETF Stock Performance
Shares of NASDAQ FDCF traded down $0.25 during mid-day trading on Monday, hitting $38.06. The stock had a trading volume of 6,863 shares, compared to its average volume of 6,039. The business has a 50 day moving average price of $38.59 and a two-hundred day moving average price of $36.44. The firm has a market cap of $53.28 million, a P/E ratio of 30.80 and a beta of 1.41. Fidelity Disruptive Communications ETF has a 1 year low of $28.35 and a 1 year high of $40.56.
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.
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