Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Sees Large Growth in Short Interest

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 229,079 shares, a growth of 38.6% from the November 30th total of 165,238 shares. Based on an average daily volume of 270,526 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 270,526 shares, the days-to-cover ratio is currently 0.8 days.

Fidelity NASDAQ Composite Index ETF Stock Down 0.2%

Fidelity NASDAQ Composite Index ETF stock traded down $0.17 during trading hours on Tuesday, hitting $92.10. The stock had a trading volume of 165,081 shares, compared to its average volume of 319,532. The stock’s 50-day moving average price is $91.51 and its 200-day moving average price is $86.92. The stock has a market capitalization of $9.30 billion, a P/E ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a 12-month low of $58.12 and a 12-month high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were issued a $0.147 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, December 19th. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14.

Institutional Trading of Fidelity NASDAQ Composite Index ETF

Institutional investors have recently added to or reduced their stakes in the business. DHJJ Financial Advisors Ltd. increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 531.7% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 379 shares of the company’s stock worth $30,000 after purchasing an additional 319 shares in the last quarter. Clearstead Advisors LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF during the third quarter valued at $34,000. WPG Advisers LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the first quarter valued at $32,000. Assetmark Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 31.2% in the 3rd quarter. Assetmark Inc. now owns 505 shares of the company’s stock worth $45,000 after buying an additional 120 shares in the last quarter. Finally, Cape Investment Advisory Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 621.7% in the 1st quarter. Cape Investment Advisory Inc. now owns 599 shares of the company’s stock worth $41,000 after buying an additional 516 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Company Profile

Fidelity Nasdaq Composite Index Tracking Stock (the Fund) is an exchange-traded fund . The Fund seeks to provide investment returns that closely correspond to the price and yield performance of the NASDAQ Composite Index (the Index). The Fund normally invests at least 80% of assets in common stocks included in the Index .The NASDAQ Composite Index is a market capitalization-weighted index that is designed to represent the performance of NASDAQ securities and includes over 3,000 stocks. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.