Fidelity Disruptive Automation ETF (NASDAQ:FBOT – Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,788 shares, a drop of 60.5% from the June 30th total of 4,522 shares. Based on an average trading volume of 14,342 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.
Fidelity Disruptive Automation ETF Price Performance
Fidelity Disruptive Automation ETF stock opened at $36.69 on Monday. The firm has a market capitalization of $201.79 million, a P/E ratio of 29.47 and a beta of 1.28. Fidelity Disruptive Automation ETF has a 1-year low of $30.45 and a 1-year high of $40.25. The company’s 50-day moving average is $38.54 and its 200 day moving average is $36.84.
Hedge Funds Weigh In On Fidelity Disruptive Automation ETF
Large investors have recently bought and sold shares of the business. Key Capital Management INC bought a new position in Fidelity Disruptive Automation ETF in the 4th quarter valued at $27,000. Advisory Services Network LLC bought a new stake in shares of Fidelity Disruptive Automation ETF during the third quarter worth $33,000. Raleigh Capital Management Inc. bought a new stake in shares of Fidelity Disruptive Automation ETF during the fourth quarter worth $38,000. Federation des caisses Desjardins du Quebec boosted its stake in shares of Fidelity Disruptive Automation ETF by 2,616.5% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,146 shares of the company’s stock valued at $72,000 after purchasing an additional 2,067 shares during the period. Finally, Sunbelt Securities Inc. purchased a new stake in shares of Fidelity Disruptive Automation ETF during the third quarter valued at $273,000.
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. FBOT was launched on Apr 16, 2020 and is managed by Fidelity.
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