Fidelity Disruptive Automation ETF (NASDAQ:FBOT – Get Free Report) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 44,800 shares, a growth of 22,300.0% from the March 31st total of 200 shares. Based on an average daily volume of 17,900 shares, the days-to-cover ratio is currently 2.5 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Fidelity Disruptive Automation ETF stock. Kovack Advisors Inc. purchased a new stake in Fidelity Disruptive Automation ETF (NASDAQ:FBOT – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,430 shares of the company’s stock, valued at approximately $288,000. Kovack Advisors Inc. owned 0.28% of Fidelity Disruptive Automation ETF at the end of the most recent reporting period.
Fidelity Disruptive Automation ETF Stock Down 0.2 %
NASDAQ:FBOT opened at $24.82 on Friday. Fidelity Disruptive Automation ETF has a twelve month low of $20.72 and a twelve month high of $27.28. The stock’s 50 day moving average price is $25.93 and its two-hundred day moving average price is $24.39. The firm has a market capitalization of $102.01 million, a price-to-earnings ratio of 33.37 and a beta of 1.18.
Fidelity Disruptive Automation ETF Cuts Dividend
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.
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