Fidelity Crypto Industry and Digital Payments ETF (FDIG) Short Interest Ratio & Short Volume

Short interest is the volume of Fidelity Crypto Industry and Digital Payments ETF shares that have been sold short but have not yet been covered or closed out. As of November 30th, traders have sold 121,600 shares of FDIG short. Learn More on Fidelity Crypto Industry and Digital Payments ETF's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. FDIG shares currently have a short interest ratio of 2.0. Learn More on Fidelity Crypto Industry and Digital Payments ETF's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Fidelity Crypto Industry and Digital Payments ETF: Belvedere Trading LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Fidelity Crypto Industry and Digital Payments ETF saw a increase in short interest during the month of November. As of November 30th, there was short interest totaling 121,600 shares, an increase of 20.6% from the previous total of 100,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to Fidelity Crypto Industry and Digital Payments ETF: Fidelity Disruptive Technology ETF (1.49%), REX AI Equity Premium Income ETF (5.65%), VanEck Digital Transformation ETF (2.69%), SPDR MSCI ACWI Climate Paris Aligned ETF (0.80%), Global X Data Center & Digital Infrastructure ETF (1.95%), Global X Millennial Consumer ETF (0.30%), Global X Internet of Things Thematic ETF (0.16%), Valkyrie Bitcoin Miners ETF (2.97%), Global X Social Media Index ETF (0.04%), Wahed Dow Jones Islamic World ETF (0.52%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

Short selling FDIG is an investing strategy that aims to generate trading profit from Fidelity Crypto Industry and Digital Payments ETF as its price is falling. FDIG shares are trading up $0.18 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Fidelity Crypto Industry and Digital Payments ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FDIG, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FDIG, twice per month. The most recent reporting period available is November, 30 2024.