Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Short Interest Up 38.6% in December

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) was the target of a significant growth in short interest in 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. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 270,526 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 270,526 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Fidelity NASDAQ Composite Index ETF

A number of large investors have recently added to or reduced their stakes in the company. DHJJ Financial Advisors Ltd. lifted its position in Fidelity NASDAQ Composite Index ETF by 531.7% in the second quarter. DHJJ Financial Advisors Ltd. now owns 379 shares of the company’s stock valued at $30,000 after purchasing an additional 319 shares during the last quarter. WPG Advisers LLC bought a new stake in Fidelity NASDAQ Composite Index ETF during the 1st quarter valued at $32,000. Clearstead Advisors LLC bought a new stake in Fidelity NASDAQ Composite Index ETF during the 3rd quarter valued at $34,000. Cape Investment Advisory Inc. boosted its position in Fidelity NASDAQ Composite Index ETF by 621.7% during the 1st quarter. Cape Investment Advisory Inc. now owns 599 shares of the company’s stock valued at $41,000 after buying an additional 516 shares during the period. Finally, Assetmark Inc. grew 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 acquiring an additional 120 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ stock traded down $0.17 during midday trading on Tuesday, reaching $92.10. The company had a trading volume of 165,081 shares, compared to its average volume of 319,532. The firm has a 50-day moving average price of $91.51 and a 200-day moving average price of $86.92. The company 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 1 year low of $58.12 and a 1 year high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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. 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.