Fidelity Metaverse ETF (NASDAQ:FMET) Short Interest Update

Fidelity Metaverse ETF (NASDAQ:FMET) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 5,700 shares, a growth of 11.8% from the October 31st total of 5,100 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is presently 1.0 days.

Fidelity Metaverse ETF Stock Performance

Shares of NASDAQ FMET opened at $30.76 on Monday. The stock has a market cap of $33.84 million, a price-to-earnings ratio of 30.10 and a beta of -1.32. Fidelity Metaverse ETF has a fifty-two week low of $25.98 and a fifty-two week high of $32.10. The firm’s 50-day simple moving average is $30.08 and its 200 day simple moving average is $29.83.

Fidelity Metaverse ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Friday, September 20th were issued a $0.012 dividend. The ex-dividend date was Friday, September 20th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.16%.

Fidelity Metaverse ETF Company Profile

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.