Short Interest in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Declines By 16.0%

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 2,100 shares, a drop of 16.0% from the March 15th total of 2,500 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 15,400 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Fidelity Disruptive Automation ETF

A hedge fund recently raised its stake in Fidelity Disruptive Automation ETF stock. Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT) by 28.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,617 shares of the company’s stock after buying an additional 2,339 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.28% of Fidelity Disruptive Automation ETF worth $300,000 at the end of the most recent quarter.

Fidelity Disruptive Automation ETF Stock Down 2.2 %

Shares of NASDAQ FBOT traded down $0.54 during trading on Monday, reaching $24.05. 5,558 shares of the company traded hands, compared to its average volume of 11,922. The firm has a 50 day simple moving average of $26.95 and a 200-day simple moving average of $27.68. Fidelity Disruptive Automation ETF has a 52-week low of $22.22 and a 52-week high of $30.10. The stock has a market capitalization of $91.37 million, a PE ratio of 26.40 and a beta of 1.23.

Fidelity Disruptive Automation ETF Increases Dividend

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

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.