Fidelity Metaverse ETF (NASDAQ:FMET) Short Interest Update

Fidelity Metaverse ETF (NASDAQ:FMET) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decline of 98.8% from the February 28th total of 8,600 shares. Based on an average trading volume of 6,800 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Fidelity Metaverse ETF Trading Down 0.8 %

FMET traded down $0.22 during midday trading on Thursday, hitting $28.87. 107 shares of the company traded hands, compared to its average volume of 6,328. The business has a 50 day simple moving average of $30.61 and a two-hundred day simple moving average of $30.30. Fidelity Metaverse ETF has a 52-week low of $26.32 and a 52-week high of $32.90. The company has a market capitalization of $31.76 million, a price-to-earnings ratio of 24.44 and a beta of -1.32.

Fidelity Metaverse ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a $0.148 dividend. The ex-dividend date was Friday, March 21st.

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.