Short Interest in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Increases By 26.3%

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

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 acquired a new position in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 137,260 shares of the company’s stock, valued at approximately $3,712,000. Jane Street Group LLC owned about 3.71% of Fidelity Disruptive Automation ETF as of its most recent SEC filing.

Fidelity Disruptive Automation ETF Stock Performance

Shares of Fidelity Disruptive Automation ETF stock traded up $0.27 on Friday, hitting $29.03. The company had a trading volume of 23,434 shares, compared to its average volume of 14,158. The stock has a market capitalization of $104.51 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 $22.46 and a 1 year high of $29.12. The stock has a 50 day moving average of $28.19 and a 200-day moving average of $26.92.

Fidelity Disruptive Automation ETF Company Profile

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.