Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Short Interest Down 45.5% in July

Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRVGet Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 12,252 shares, a decline of 45.5% from the June 30th total of 22,474 shares. Based on an average trading volume of 11,594 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.6% of the company’s shares are sold short.

Institutional Trading of Fidelity Electric Vehicles and Future Transportation ETF

A number of large investors have recently made changes to their positions in the stock. OLD Mission Capital LLC bought a new position in shares of Fidelity Electric Vehicles and Future Transportation ETF in the fourth quarter worth about $539,000. EFG International AG bought a new stake in Fidelity Electric Vehicles and Future Transportation ETF during the 4th quarter valued at about $33,000. Finally, Jane Street Group LLC purchased a new stake in Fidelity Electric Vehicles and Future Transportation ETF in the 2nd quarter valued at about $203,000.

Fidelity Electric Vehicles and Future Transportation ETF Stock Down 0.1%

Shares of Fidelity Electric Vehicles and Future Transportation ETF stock opened at $17.70 on Wednesday. The stock’s fifty day moving average is $19.27 and its two-hundred day moving average is $18.13. Fidelity Electric Vehicles and Future Transportation ETF has a 52 week low of $14.78 and a 52 week high of $21.63. The company has a market capitalization of $33.63 million, a PE ratio of 21.91 and a beta of 1.36.

Fidelity Electric Vehicles and Future Transportation ETF Company Profile

(Get Free Report)

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.

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