Short Interest in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Expands By 88.8%

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 38,700 shares, an increase of 88.8% from the November 15th total of 20,500 shares. Based on an average trading volume of 9,900 shares, the short-interest ratio is currently 3.9 days.

Fidelity Disruptive Automation ETF Stock Down 0.9 %

Shares of Fidelity Disruptive Automation ETF stock traded down $0.25 during trading on Friday, hitting $28.51. 5,615 shares of the company were exchanged, compared to its average volume of 12,936. Fidelity Disruptive Automation ETF has a fifty-two week low of $22.46 and a fifty-two week high of $29.07. The firm has a 50 day moving average price of $27.54 and a 200 day moving average price of $26.55. The stock has a market capitalization of $105.49 million, a price-to-earnings ratio of 32.98 and a beta of 1.23.

Fidelity Disruptive Automation ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Friday, September 20th were issued a $0.029 dividend. This is an increase from Fidelity Disruptive Automation ETF’s previous quarterly dividend of $0.03. This represents a $0.12 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend was Friday, September 20th.

Hedge Funds Weigh In On Fidelity Disruptive Automation ETF

An institutional investor recently bought a new position in Fidelity Disruptive Automation ETF stock. Jane Street Group LLC acquired a new stake in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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 as of its most recent SEC filing.

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.