Short Interest in Fidelity Crypto Industry and Digital Payments ETF NASDAQ : FDIG Increases By 5 3

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This indicates that there is a significant amount of short interest in the ETF, which could lead to a short squeeze if the price of the ETF increases.

# Short Interest and Days-to-Cover Ratio

The short interest in Fidelity Crypto Industry and Digital Payments ETF has been increasing steadily over the past few months. As of September 30th, the total short interest is 67,300 shares, which represents a 5.3% increase from the September 15th total of 63,900 shares. This increase in short interest is a significant indicator of market sentiment, as it suggests that investors are becoming increasingly bearish on the ETF. Key points to consider: + The short interest has increased by 5.3% over the past month. + The total short interest is 67,300 shares. + The days-to-cover ratio is 1.6.

# Days-to-Cover Ratio

The days-to-cover ratio is a critical metric that indicates the number of days it would take for the short sellers to cover their positions if they were to buy back the ETF. As of September 30th, the days-to-cover ratio is 1.6, which means that it would take approximately 1.6 days for the short sellers to cover their positions. Key points to consider: + The days-to-cover ratio is 1.6. + This ratio indicates that there is a significant amount of short interest in the ETF. + A higher days-to-cover ratio would indicate that the short sellers are more confident in their positions.

# Short Squeeze

A short squeeze occurs when the price of the ETF increases, causing the short sellers to scramble to cover their positions.

Cryptocurrency Market Sees Explosive Growth with Digital Payments and DeFi on the Rise

Fidelity Crypto Industry and Digital Payments ETF (FCGI) is a popular choice among investors looking for exposure to the rapidly growing cryptocurrency market.

The Rise of Cryptocurrency and Digital Payments

The cryptocurrency market has experienced tremendous growth in recent years, with the total market capitalization reaching over $2 trillion. This growth can be attributed to the increasing adoption of digital payments, the rise of decentralized finance (DeFi), and the growing demand for cryptocurrencies like Bitcoin and Ethereum. Key drivers of the growth include: + Increasing adoption of digital payments + Rise of decentralized finance (DeFi) + Growing demand for cryptocurrencies like Bitcoin and Ethereum + Improved infrastructure and regulation

The Fidelity Crypto Industry and Digital Payments ETF

Fidelity Crypto Industry and Digital Payments ETF (FCGI) is a popular choice among investors looking for exposure to the rapidly growing cryptocurrency market. The ETF tracks the performance of the Fidelity Crypto Index, which is designed to provide broad exposure to the cryptocurrency market.

FDIG is a unique investment option for those interested in the rapidly evolving crypto and blockchain space.

What is Fidelity Crypto Industry and Digital Payments ETF (FDIG)? FDIG is a type of exchange-traded fund (ETF) that allows investors to gain exposure to the global cryptocurrency and blockchain market. The fund is designed to track the performance of a specific index, which includes a diverse range of companies involved in the crypto and blockchain space. ### Key Features of FDIG

  • Diversified Portfolio: FDIG’s portfolio is diversified across various sectors, including cryptocurrency exchanges, blockchain technology, and digital payments processing. Global Focus: The fund tracks an index that includes companies from around the world, providing investors with a global perspective on the crypto and blockchain market. Low Cost: FDIG has a low expense ratio, making it an attractive option for investors looking to minimize their costs. ## How FDIG Works**

    • How FDIG Works

    FDIG is a passively managed ETF, meaning that it does not attempt to beat the market or actively manage its portfolio.

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