Short Interest in Fidelity Metaverse ETF (NASDAQ:FMET) Declines By 98.8%

Fidelity Metaverse ETF (NASDAQ:FMET) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 98.8% from the February 28th total of 8,600 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 6,800 shares, the short-interest ratio is presently 0.0 days.

Fidelity Metaverse ETF Stock Down 1.9 %

Shares of FMET traded down $0.56 during mid-day trading on Friday, reaching $28.23. The company’s stock had a trading volume of 842 shares, compared to its average volume of 6,135. The company has a market cap of $31.05 million, a price-to-earnings ratio of 24.44 and a beta of -1.32. Fidelity Metaverse ETF has a 1 year low of $26.32 and a 1 year high of $32.90. The business has a fifty day moving average of $30.59 and a 200 day moving average of $30.29.

Fidelity Metaverse ETF Dividend Announcement

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