Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Sees Significant Decrease in Short Interest

Fidelity Disruptive Automation ETF (NASDAQ:FBOTGet Free Report) was the target of 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. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Fidelity Disruptive Automation ETF

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

Fidelity Disruptive Automation ETF Stock Down 2.8 %

FBOT traded down $0.77 during trading hours on Friday, hitting $26.28. 9,943 shares of the company’s stock were exchanged, compared to its average volume of 11,795. The stock has a market cap of $99.86 million, a price-to-earnings ratio of 29.01 and a beta of 1.23. Fidelity Disruptive Automation ETF has a 1-year low of $22.46 and a 1-year high of $30.10. The stock’s 50-day moving average is $28.51 and its two-hundred day moving average is $27.85.

Fidelity Disruptive Automation ETF Increases Dividend

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

Fidelity Disruptive Automation ETF Company Profile

(Get Free Report)

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.

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