Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Short Interest Down 51.9% in March

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 2,500 shares, a decline of 51.9% from the February 28th total of 5,200 shares. Based on an average daily volume of 14,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Fidelity Disruptive Automation ETF Stock Performance

FBOT traded down $0.77 during midday trading on Friday, reaching $26.28. 9,943 shares of the company were exchanged, compared to its average volume of 11,790. The stock has a market capitalization of $100.13 million, a P/E ratio of 29.01 and a beta of 1.23. Fidelity Disruptive Automation ETF has a one year low of $22.46 and a one year high of $30.10. The stock’s 50-day simple moving average is $28.56 and its 200 day simple moving average is $27.84.

Fidelity Disruptive Automation ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were given a dividend of $0.067 per share. The ex-dividend date was Friday, March 21st. This is a positive change from Fidelity Disruptive Automation ETF’s previous dividend of $0.03.

Institutional Trading of Fidelity Disruptive Automation ETF

A hedge fund recently bought a new stake in Fidelity Disruptive Automation ETF stock. Jane Street Group LLC bought a new position in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 137,260 shares of the company’s stock, valued at approximately $3,712,000. Jane Street Group LLC owned about 3.71% of Fidelity Disruptive Automation ETF at the end of the most recent quarter.

Fidelity Disruptive Automation ETF Company Profile

The Fidelity Disruptive Automation ETF (FBOT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in innovative businesses thought to have potentially provide disruption to the marketplace. The fund holds global disruptive automation companies, from industrial robotics to autonomous driving and AI.