Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,261 shares, a drop of 69.2% from the September 15th total of 4,088 shares. Based on an average daily volume of 4,594 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.
Fidelity Electric Vehicles and Future Transportation ETF Stock Performance
FDRV opened at $15.78 on Wednesday. The company has a market capitalization of $29.98 million, a PE ratio of 21.91 and a beta of 1.36. The stock’s fifty day moving average is $16.98 and its 200-day moving average is $18.14. Fidelity Electric Vehicles and Future Transportation ETF has a one year low of $15.03 and a one year high of $21.63.
About Fidelity Electric Vehicles and Future Transportation ETF
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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