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

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) was the recipient of a significant 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 daily trading volume, of 9,900 shares, the days-to-cover ratio is presently 3.9 days.

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) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (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 filing with the Securities and Exchange Commission (SEC).

Fidelity Disruptive Automation ETF Stock Down 0.9 %

Shares of NASDAQ FBOT traded down $0.25 during mid-day trading on Friday, hitting $28.51. 5,615 shares of the company traded hands, compared to its average volume of 12,936. The business has a 50 day moving average of $27.54 and a two-hundred day moving average of $26.55. Fidelity Disruptive Automation ETF has a 1 year low of $22.46 and a 1 year high of $29.07. 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 company also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were paid a $0.029 dividend. The ex-dividend date was Friday, September 20th. This represents a $0.12 dividend on an annualized basis and a yield of 0.41%. This is an increase from Fidelity Disruptive Automation ETF’s previous quarterly dividend of $0.03.

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.