Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Short Interest Update

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 254,999 shares, an increase of 29.7% from the January 15th total of 196,583 shares. Based on an average daily volume of 321,136 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 321,136 shares, the short-interest ratio is presently 0.8 days.

Fidelity NASDAQ Composite Index ETF Trading Up 0.1%

Shares of ONEQ opened at $88.84 on Wednesday. The business’s 50-day moving average price is $91.69 and its 200 day moving average price is $89.65. The stock has a market capitalization of $9.03 billion, a P/E ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a 1-year low of $58.12 and a 1-year high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were given a $0.147 dividend. This represents a $0.59 annualized dividend and a dividend yield of 0.7%. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Investors Weigh In On Fidelity NASDAQ Composite Index ETF

Hedge funds have recently made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 57.9% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares in the last quarter. Clearstead Advisors LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the third quarter valued at $34,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 442.9% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $35,000 after buying an additional 310 shares during the period. Finally, Prosperity Bancshares Inc purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at $37,000.

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.