Fidelity Metaverse ETF (NASDAQ:FMET) Short Interest Down 98.8% in March

Fidelity Metaverse ETF (NASDAQ:FMET) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a drop of 98.8% from the February 28th total of 8,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is currently 0.0 days.

Fidelity Metaverse ETF Stock Down 1.9 %

NASDAQ:FMET traded down $0.56 during trading hours on Friday, hitting $28.23. 842 shares of the company traded hands, compared to its average volume of 6,135. Fidelity Metaverse ETF has a one year low of $26.32 and a one year high of $32.90. The company has a market cap of $31.05 million, a PE ratio of 24.44 and a beta of -1.32. The firm’s 50-day simple moving average is $30.59 and its 200-day simple moving average is $30.29.

Fidelity Metaverse ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were given a $0.148 dividend. The ex-dividend date of this dividend was Friday, March 21st.

About Fidelity Metaverse ETF

The Fidelity Metaverse ETF (FMET) is an exchange-traded fund that is based on the Fidelity Metaverse index. The fund tracks a market cap-weighted index of equities that provides global exposure to the future state of the internet: the metaverse. FMET was launched on Apr 19, 2022 and is managed by Fidelity.