Fidelity Metaverse ETF (NASDAQ:FMET) Short Interest Up 100.0% in October

Fidelity Metaverse ETF (NASDAQ:FMET) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 1,400 shares, a growth of 100.0% from the September 30th total of 700 shares. Based on an average daily volume of 4,700 shares, the short-interest ratio is presently 0.3 days.

Fidelity Metaverse ETF Stock Up 1.4 %

Fidelity Metaverse ETF stock traded up $0.42 during midday trading on Monday, reaching $30.34. The stock had a trading volume of 2,694 shares, compared to its average volume of 7,258. The firm has a market cap of $33.37 million, a price-to-earnings ratio of 30.10 and a beta of -1.32. Fidelity Metaverse ETF has a 52-week low of $23.28 and a 52-week high of $32.10. The company has a fifty day moving average of $29.57 and a 200 day moving average of $29.48.

Fidelity Metaverse ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Friday, September 20th were paid a dividend of $0.012 per share. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.16%. The ex-dividend date of this dividend was Friday, September 20th.

About Fidelity Metaverse ETF

The Fidelity Metaverse ETF (FMET) is an exchange-traded fund that is based on the Fidelity Metaverse index. The fund tracks a market cap-weighted index of equities that provides global exposure to the future state of the internet: the metaverse. FMET was launched on Apr 19, 2022 and is managed by Fidelity.