Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Short Interest Up 191.7% in June

Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRVGet Free Report) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 16,243 shares, a growth of 191.7% from the May 31st total of 5,568 shares. Based on an average trading volume of 16,252 shares, the short-interest ratio is currently 1.0 days. Currently, 0.9% of the company’s shares are sold short.

Fidelity Electric Vehicles and Future Transportation ETF Price Performance

Shares of BATS:FDRV opened at $18.52 on Monday. The business’s 50 day moving average is $19.60 and its 200 day moving average is $17.85. The stock has a market cap of $35.19 million, a P/E ratio of 21.91 and a beta of 1.36. Fidelity Electric Vehicles and Future Transportation ETF has a 52-week low of $14.62 and a 52-week high of $21.63.

Hedge Funds Weigh In On Fidelity Electric Vehicles and Future Transportation ETF

Several institutional investors have recently made changes to their positions in the company. OLD Mission Capital LLC purchased a new stake in Fidelity Electric Vehicles and Future Transportation ETF in the fourth quarter worth about $539,000. EFG International AG bought a new stake in shares of Fidelity Electric Vehicles and Future Transportation ETF in the 4th quarter valued at about $33,000. Finally, Jane Street Group LLC purchased a new stake in shares of Fidelity Electric Vehicles and Future Transportation ETF in the 2nd quarter worth approximately $203,000.

Fidelity Electric Vehicles and Future Transportation ETF Company Profile

(Get Free Report)

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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