Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Sees Significant Decline in Short Interest

Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,261 shares, a decline of 69.2% from the September 15th total of 4,088 shares. Based on an average daily trading volume, of 4,594 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Fidelity Electric Vehicles and Future Transportation ETF Trading Down 2.0%

BATS:FDRV opened at $15.81 on Tuesday. The stock has a 50 day moving average of $17.03 and a two-hundred day moving average of $18.15. Fidelity Electric Vehicles and Future Transportation ETF has a 12 month low of $15.03 and a 12 month high of $21.63. The firm has a market cap of $30.04 million, a P/E ratio of 21.91 and a beta of 1.36.

About Fidelity Electric Vehicles and Future Transportation ETF

The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of companies that are involved in the production of electric and\u002For autonomous vehicles or other initiatives regarding the future of transportation. FDRV was launched on Oct 5, 2021 and is managed by Fidelity.