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

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,208 shares, a growth of 68.4% from the July 30th total of 1,311 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 21,729 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Fidelity Disruptive Automation ETF

A number of institutional investors and hedge funds have recently modified their holdings of FBOT. POM Investment Strategies LLC boosted its holdings in Fidelity Disruptive Automation ETF by 112.0% during the 2nd quarter. POM Investment Strategies LLC now owns 17,081 shares of the company’s stock valued at $676,000 after acquiring an additional 9,024 shares during the period. Cetera Investment Advisers increased its stake in Fidelity Disruptive Automation ETF by 21.0% in the first quarter. Cetera Investment Advisers now owns 17,727 shares of the company’s stock worth $587,000 after purchasing an additional 3,077 shares during the period. SteelPeak Wealth LLC purchased a new stake in Fidelity Disruptive Automation ETF in the first quarter worth $828,000. Federation des caisses Desjardins du Quebec lifted its position 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 worth $72,000 after purchasing an additional 2,067 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of 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 purchasing an additional 28,319 shares during the last quarter.

Fidelity Disruptive Automation ETF Stock Down 2.1%

Fidelity Disruptive Automation ETF stock traded down $0.84 during midday trading on Tuesday, reaching $38.63. The stock had a trading volume of 9,831 shares, compared to its average volume of 21,738. The firm has a market cap of $212.47 million, a price-to-earnings ratio of 29.47 and a beta of 1.29. Fidelity Disruptive Automation ETF has a 52-week low of $30.45 and a 52-week high of $40.83. The company has a fifty day moving average of $38.73 and a 200 day moving average of $37.55.

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