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

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) saw a significant decline in short interest in 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. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is currently 0.2 days.

Fidelity Disruptive Automation ETF Price Performance

NASDAQ:FBOT traded down $0.77 during trading hours on Friday, reaching $26.28. 9,943 shares of the company were exchanged, compared to its average volume of 11,795. The business has a 50 day moving average of $28.51 and a 200 day moving average of $27.87. Fidelity Disruptive Automation ETF has a 1-year low of $22.46 and a 1-year high of $30.10. The company has a market capitalization of $99.86 million, a P/E ratio of 29.01 and a beta of 1.23.

Fidelity Disruptive Automation ETF Increases Dividend

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Fidelity Disruptive Automation ETF stock. Jane Street Group LLC bought a new stake in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 137,260 shares of the company’s stock, valued at approximately $3,712,000. Jane Street Group LLC owned 3.71% of Fidelity Disruptive Automation ETF as of its most recent SEC filing.

About Fidelity Disruptive Automation ETF

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.