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

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 5,200 shares, a drop of 62.0% from the February 13th total of 13,700 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 14,600 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fidelity Disruptive Automation ETF stock. Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT) by 28.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,617 shares of the company’s stock after purchasing an additional 2,339 shares during the period. Commonwealth Equity Services LLC owned approximately 0.28% of Fidelity Disruptive Automation ETF worth $300,000 at the end of the most recent reporting period.

Fidelity Disruptive Automation ETF Stock Down 1.0 %

FBOT stock traded down $0.28 during mid-day trading on Thursday, reaching $27.13. The company had a trading volume of 819 shares, compared to its average volume of 11,969. The stock has a market capitalization of $103.08 million, a P/E ratio of 30.00 and a beta of 1.23. Fidelity Disruptive Automation ETF has a one year low of $22.46 and a one year high of $30.10. The stock’s 50-day simple moving average is $28.74 and its two-hundred day simple moving average is $27.72.

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.