Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Short Interest Down 7.9% in May

Fidelity Disruptive Automation ETF (NASDAQ:FBOTGet Free Report) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totalling 42,200 shares, a decrease of 7.9% from the April 30th total of 45,800 shares. Based on an average daily trading volume, of 14,100 shares, the short-interest ratio is presently 3.0 days.

Hedge Funds Weigh In On Fidelity Disruptive Automation ETF

An institutional investor recently bought a new position in Fidelity Disruptive Automation ETF stock. Kovack Advisors Inc. bought a new position in Fidelity Disruptive Automation ETF (NASDAQ:FBOTFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 11,430 shares of the company’s stock, valued at approximately $288,000. Kovack Advisors Inc. owned 0.28% of Fidelity Disruptive Automation ETF at the end of the most recent reporting period.

Fidelity Disruptive Automation ETF Trading Down 0.1 %

FBOT traded down $0.02 on Friday, reaching $25.85. The company had a trading volume of 5,130 shares, compared to its average volume of 15,515. The company has a fifty day moving average of $25.92 and a 200-day moving average of $25.20. The company has a market capitalization of $106.24 million, a P/E ratio of 32.98 and a beta of 1.23. Fidelity Disruptive Automation ETF has a one year low of $20.72 and a one year high of $27.28.

Fidelity Disruptive Automation ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 18th were given a dividend of $0.026 per share. The ex-dividend date of this dividend was Friday, March 15th. This represents a $0.10 annualized dividend and a dividend yield of 0.40%.

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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