Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Shares Shorted: Short Interest Up 78.3% in September

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,305 shares, an increase of 78.3% from the September 15th total of 732 shares. Based on an average daily volume of 10,319 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Fidelity Disruptive Automation ETF

Several large investors have recently added to or reduced their stakes in the business. POM Investment Strategies LLC lifted its stake in Fidelity Disruptive Automation ETF by 112.0% in the second quarter. POM Investment Strategies LLC now owns 17,081 shares of the company’s stock valued at $676,000 after buying an additional 9,024 shares during the period. Cetera Investment Advisers increased its stake in shares of Fidelity Disruptive Automation ETF by 21.0% in the 1st quarter. Cetera Investment Advisers now owns 17,727 shares of the company’s stock valued at $587,000 after acquiring an additional 3,077 shares in the last quarter. Finally, SteelPeak Wealth LLC bought a new stake in shares of Fidelity Disruptive Automation ETF in the 1st quarter valued at $828,000.

Fidelity Disruptive Automation ETF Trading Down 2.4%

FBOT stock traded down $0.91 during midday trading on Friday, hitting $37.48. The stock had a trading volume of 15,746 shares, compared to its average volume of 19,917. The firm has a market cap of $206.15 million, a P/E ratio of 29.47 and a beta of 1.30. Fidelity Disruptive Automation ETF has a 1-year low of $30.45 and a 1-year high of $40.83. The business has a fifty day moving average price of $39.23 and a two-hundred day moving average price of $38.36.

Fidelity Disruptive Automation ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Friday, September 18th were paid a $0.0280 dividend. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, September 18th.

About Fidelity Disruptive Automation ETF

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. FBOT was launched on Apr 16, 2020 and is managed by Fidelity.