Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Up 129.8% in June

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) saw a large increase in short interest in June. As of June 15th, there was short interest totalling 27,800 shares, an increase of 129.8% from the May 31st total of 12,100 shares. Based on an average trading volume of 54,400 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

Several large investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. acquired a new stake in Fidelity Crypto Industry and Digital Payments ETF in the 1st quarter valued at approximately $305,000. Atria Wealth Solutions Inc. purchased a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF in the 4th quarter valued at approximately $296,000. Finally, Jane Street Group LLC purchased a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the 1st quarter worth $9,474,000.

Fidelity Crypto Industry and Digital Payments ETF Price Performance

FDIG opened at $29.51 on Friday. Fidelity Crypto Industry and Digital Payments ETF has a 1-year low of $14.95 and a 1-year high of $32.87. The firm has a market capitalization of $101.81 million, a price-to-earnings ratio of 10.94 and a beta of 3.84. The company’s 50 day simple moving average is $27.04 and its two-hundred day simple moving average is $26.49.

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.