Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Sees Significant Drop in Short Interest

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 22,900 shares, a decrease of 11.9% from the September 15th total of 26,000 shares. Based on an average trading volume of 10,600 shares, the short-interest ratio is currently 2.2 days.

Fidelity Disruptive Automation ETF Price Performance

Shares of FBOT opened at $26.93 on Thursday. The stock has a market capitalization of $102.60 million, a price-to-earnings ratio of 32.98 and a beta of 1.23. Fidelity Disruptive Automation ETF has a 1 year low of $20.72 and a 1 year high of $27.61. The business’s 50 day simple moving average is $26.06 and its 200-day simple moving average is $26.03.

Fidelity Disruptive Automation ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Friday, September 20th were issued a dividend of $0.029 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.43%. This is a boost from Fidelity Disruptive Automation ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Friday, September 20th.

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.