Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Short Interest Update

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 25,900 shares, a growth of 26.3% from the December 15th total of 20,500 shares. Based on an average daily trading volume, of 10,800 shares, the days-to-cover ratio is currently 2.4 days.

Institutional Investors Weigh In On Fidelity Disruptive Automation ETF

An institutional investor recently bought a new position in Fidelity Disruptive Automation ETF stock. Jane Street Group LLC bought a new position in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 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 traded up $0.27 during mid-day trading on Friday, hitting $29.03. The stock had a trading volume of 23,434 shares, compared to its average volume of 14,158. Fidelity Disruptive Automation ETF has a 52 week low of $22.46 and a 52 week high of $29.12. The business has a fifty day moving average price of $28.19 and a 200-day moving average price of $26.92. The firm has a market cap of $104.51 million, a P/E ratio of 32.98 and a beta of 1.23.

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.