Fidelity Disruptive Automation ETF (NASDAQ:FBOT – Get Free Report) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 5,200 shares, a decline of 62.0% from the February 13th total of 13,700 shares. Based on an average daily volume of 14,600 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.
Fidelity Disruptive Automation ETF Trading Up 2.7 %
Shares of NASDAQ:FBOT traded up $0.73 during mid-day trading on Friday, reaching $27.64. The stock had a trading volume of 6,908 shares, compared to its average volume of 12,002. The company has a market cap of $105.03 million, a P/E ratio of 30.00 and a beta of 1.23. The business’s 50 day moving average price is $28.71 and its 200 day moving average price is $27.72. Fidelity Disruptive Automation ETF has a 1 year low of $22.46 and a 1 year high of $30.10.
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 purchased a new stake in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 137,260 shares of the company’s stock, valued at approximately $3,712,000. Jane Street Group LLC owned approximately 3.71% of Fidelity Disruptive Automation ETF as of its most recent SEC filing.
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.
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