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

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) saw a significant increase in short interest in 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 volume of 9,900 shares, the days-to-cover ratio is currently 3.9 days.

Institutional Trading of Fidelity Disruptive Automation ETF

An institutional investor recently bought a new position in Fidelity Disruptive Automation ETF stock. Jane Street Group LLC acquired a new stake in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 SEC filing.

Fidelity Disruptive Automation ETF Price Performance

Shares of FBOT stock traded down $0.25 during midday trading on Friday, hitting $28.51. The company had a trading volume of 5,615 shares, compared to its average volume of 12,936. The stock has a market cap of $105.49 million, a price-to-earnings ratio of 32.98 and a beta of 1.23. The company’s 50 day simple moving average is $27.54 and its 200 day simple moving average is $26.55. Fidelity Disruptive Automation ETF has a 52-week low of $22.46 and a 52-week high of $29.07.

Fidelity Disruptive Automation ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were given a dividend of $0.029 per share. The ex-dividend date of this dividend 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.