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

by · The Cerbat Gem

Fidelity Disruptive Automation ETF (NASDAQ:FBOT – Get Free Report) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 4,522 shares, a drop of 92.5% from the June 15th total of 60,312 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 20,002 shares, the days-to-cover ratio is currently 0.2 days.

Fidelity Disruptive Automation ETF Price Performance

Shares of FBOT traded up $0.32 during midday trading on Friday, reaching $38.60. The stock had a trading volume of 13,347 shares, compared to its average volume of 23,638. Fidelity Disruptive Automation ETF has a 52 week low of $30.07 and a 52 week high of $40.25. The firm’s 50 day moving average price is $38.96 and its 200-day moving average price is $36.56. The company has a market capitalization of $212.30 million, a P/E ratio of 29.47 and a beta of 1.28.

Institutional Investors Weigh In On Fidelity Disruptive Automation ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FBOT. Jane Street Group LLC bought a new stake in shares of Fidelity Disruptive Automation ETF in the 1st quarter worth approximately $1,856,000. LPL Financial LLC boosted its holdings in Fidelity Disruptive Automation ETF by 298.1% during the fourth quarter. LPL Financial LLC now owns 37,818 shares of the company’s stock worth $1,261,000 after buying an additional 28,319 shares in the last quarter. SteelPeak Wealth LLC bought a new stake in Fidelity Disruptive Automation ETF during the first quarter worth approximately $828,000. National Bank of Canada FI boosted its holdings in Fidelity Disruptive Automation ETF by 3.7% during the third quarter. National Bank of Canada FI now owns 550,430 shares of the company’s stock worth $18,016,000 after buying an additional 19,728 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new position in Fidelity Disruptive Automation ETF in the fourth quarter worth approximately $488,000.

About Fidelity Disruptive Automation ETF

(Get Free Report)

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. FBOT was launched on Apr 16, 2020 and is managed by Fidelity.

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