Short Interest in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Declines By 18.9%

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 13,700 shares, a decline of 18.9% from the January 31st total of 16,900 shares. Based on an average trading volume of 14,000 shares, the short-interest ratio is currently 1.0 days.

Fidelity Disruptive Automation ETF Stock Performance

NASDAQ:FBOT traded up $0.21 on Tuesday, reaching $27.76. The company’s stock had a trading volume of 27,370 shares, compared to its average volume of 12,464. The firm has a market cap of $105.49 million, a PE ratio of 32.45 and a beta of 1.23. The business’s 50-day moving average price is $28.86 and its two-hundred day moving average price is $27.65. 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

A hedge fund recently bought a new stake in Fidelity Disruptive Automation ETF stock. Jane Street Group LLC purchased a new stake in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) in the 3rd quarter, according to the company in its most recent filing 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 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.