Missing FitVids.js library causes error in file_get_contents

Issue
The problem persist with all of the newer versions such as fitvids 2.1.0, fitvids 2.0.0, fitvids 2.0.x-dev, fitvids 8.x-1.1. It can easily be reproduced just by installation say composer require 'drupal/fitvids:^2.1' or other.

Workaround
As a workaround, I made it work by changing $path inside fitvids.install file from $path = DRUPAL_ROOT . '/libraries/fitvids/jquery.fitvids.js'; to $path = DRUPAL_ROOT . '/modules/contrib/fitvids/js/jquery.fitvids.js';. Also enable js/jquery.fitvids.js: {} and disable /libraries/fitvids/jquery.fitvids.js: {} inside fitvids.libraries.yml file. The error is gone but haven't tested it yet. I need to create a page containing video to test it.

PS
I believe that there should be a better way to set $path, i.e., $path = DRUPAL_ROOT . '/modules/contrib/fitvids/js/jquery.fitvids.js'; such as $path = libraries_get_path('fitvids') . '/js/jquery.fitvids.js';. This needs to be tested first.