Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Short Interest Update

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 121,600 shares, a growth of 20.6% from the November 15th total of 100,800 shares. Based on an average daily trading volume, of 78,000 shares, the days-to-cover ratio is presently 1.6 days.

Fidelity Crypto Industry and Digital Payments ETF Trading Down 0.7 %

Shares of NASDAQ:FDIG opened at $38.89 on Monday. The company has a 50-day moving average price of $34.36 and a 200 day moving average price of $30.39. Fidelity Crypto Industry and Digital Payments ETF has a 12 month low of $19.50 and a 12 month high of $43.70. The company has a market cap of $140.00 million, a price-to-earnings ratio of 10.94 and a beta of 3.84.

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

An institutional investor recently raised its position in Fidelity Crypto Industry and Digital Payments ETF stock. Sunbelt Securities Inc. increased its stake in Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) by 160.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,400 shares of the company’s stock after buying an additional 5,172 shares during the quarter. Sunbelt Securities Inc. owned about 0.23% of Fidelity Crypto Industry and Digital Payments ETF worth $229,000 as of its most recent SEC filing.

About Fidelity Crypto Industry and Digital Payments ETF

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.