Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Up 29.4% in December

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 80,995 shares, an increase of 29.4% from the November 30th total of 62,582 shares. Based on an average daily trading volume, of 62,551 shares, the short-interest ratio is currently 1.3 days. Approximately 1.2% of the company’s shares are short sold. Approximately 1.2% of the company’s shares are short sold. Based on an average daily trading volume, of 62,551 shares, the short-interest ratio is currently 1.3 days.

Hedge Funds Weigh In On Fidelity Crypto Industry and Digital Payments ETF

A number of hedge funds have recently made changes to their positions in FDIG. B. Riley Wealth Advisors Inc. boosted its holdings in Fidelity Crypto Industry and Digital Payments ETF by 2.5% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 12,598 shares of the company’s stock worth $618,000 after acquiring an additional 303 shares during the period. Sowell Financial Services LLC lifted its position in shares of Fidelity Crypto Industry and Digital Payments ETF by 9.1% during the second quarter. Sowell Financial Services LLC now owns 11,952 shares of the company’s stock worth $425,000 after purchasing an additional 1,000 shares in the last quarter. Howe & Rusling Inc. purchased a new position in shares of Fidelity Crypto Industry and Digital Payments ETF in the second quarter valued at $36,000. AE Wealth Management LLC grew its holdings in Fidelity Crypto Industry and Digital Payments ETF by 58.5% during the 3rd quarter. AE Wealth Management LLC now owns 3,602 shares of the company’s stock valued at $177,000 after purchasing an additional 1,330 shares in the last quarter. Finally, Prairie Wealth Advisors Inc. increased its stake in Fidelity Crypto Industry and Digital Payments ETF by 18.0% during the 3rd quarter. Prairie Wealth Advisors Inc. now owns 12,871 shares of the company’s stock worth $632,000 after buying an additional 1,960 shares during the period.

Fidelity Crypto Industry and Digital Payments ETF Price Performance

NASDAQ FDIG opened at $38.96 on Wednesday. Fidelity Crypto Industry and Digital Payments ETF has a 12 month low of $20.52 and a 12 month high of $60.29. The company has a 50-day moving average of $44.80 and a 200-day moving average of $42.91. The company has a market cap of $253.24 million, a P/E ratio of 19.69 and a beta of 3.05.

Fidelity Crypto Industry and Digital Payments ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 4.3%. This is a positive change from Fidelity Crypto Industry and Digital Payments ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Friday, December 19th.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume. FDIG was launched on Apr 19, 2022 and is managed by Fidelity.