Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Short Interest Update

Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 5,568 shares, a growth of 268.3% from the May 14th total of 1,512 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 9,700 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Fidelity Electric Vehicles and Future Transportation ETF

Institutional investors have recently modified their holdings of the stock. EFG International AG bought a new stake in shares of Fidelity Electric Vehicles and Future Transportation ETF in the 4th quarter valued at approximately $33,000. Jane Street Group LLC bought a new stake in shares of Fidelity Electric Vehicles and Future Transportation ETF in the 2nd quarter valued at approximately $203,000. Finally, OLD Mission Capital LLC bought a new stake in shares of Fidelity Electric Vehicles and Future Transportation ETF in the 4th quarter valued at approximately $539,000.

Fidelity Electric Vehicles and Future Transportation ETF Price Performance

BATS:FDRV opened at $18.77 on Thursday. The firm has a market capitalization of $35.66 million, a price-to-earnings ratio of 21.91 and a beta of 1.36. Fidelity Electric Vehicles and Future Transportation ETF has a 1 year low of $14.01 and a 1 year high of $21.63. The business has a 50 day simple moving average of $19.02 and a 200-day simple moving average of $17.59.

Fidelity Electric Vehicles and Future Transportation ETF Company Profile

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.