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

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 264,400 shares, a growth of 225.2% from the February 28th total of 81,300 shares. Based on an average trading volume of 370,500 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Fidelity NASDAQ Composite Index ETF

Large investors have recently made changes to their positions in the company. FMR LLC raised its position in Fidelity NASDAQ Composite Index ETF by 12.7% during the third quarter. FMR LLC now owns 912,041 shares of the company’s stock valued at $65,302,000 after acquiring an additional 102,970 shares in the last quarter. Brookstone Capital Management increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 74.2% during the 4th quarter. Brookstone Capital Management now owns 6,040 shares of the company’s stock worth $459,000 after purchasing an additional 2,573 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $38,000. Janney Montgomery Scott LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 16.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 6,287 shares of the company’s stock valued at $478,000 after purchasing an additional 905 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in Fidelity NASDAQ Composite Index ETF by 128.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 12,556 shares of the company’s stock worth $955,000 after purchasing an additional 7,064 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 2.1 %

Shares of NASDAQ:ONEQ opened at $70.45 on Thursday. The business has a fifty day simple moving average of $74.80 and a 200 day simple moving average of $74.43. Fidelity NASDAQ Composite Index ETF has a 1 year low of $59.98 and a 1 year high of $79.75. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 28.97 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were issued a dividend of $0.091 per share. The ex-dividend date of this dividend was Friday, March 21st.

About Fidelity NASDAQ Composite Index ETF

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.