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

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 298,669 shares, an increase of 36.9% from the March 31st total of 218,244 shares. Based on an average daily volume of 399,232 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of Fidelity NASDAQ Composite Index ETF

A number of institutional investors have recently added to or reduced their stakes in ONEQ. Flagship Harbor Advisors LLC bought a new stake in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth approximately $26,000. Newbridge Financial Services Group Inc. raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 57.9% during the 4th 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 acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter valued at $34,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 442.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock valued at $35,000 after purchasing an additional 310 shares during the last quarter. Finally, Prosperity Bancshares Inc bought a new stake in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $37,000.

Fidelity NASDAQ Composite Index ETF Stock Up 1.1%

Shares of ONEQ traded up $1.08 during midday trading on Thursday, reaching $98.14. 237,852 shares of the stock were exchanged, compared to its average volume of 357,479. The company has a market cap of $9.96 billion, a price-to-earnings ratio of 28.20 and a beta of 1.18. Fidelity NASDAQ Composite Index ETF has a 12-month low of $68.82 and a 12-month high of $98.14. The firm has a 50 day simple moving average of $89.99 and a 200-day simple moving average of $90.88.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were issued a $0.111 dividend. The ex-dividend date was Friday, March 20th. This represents a $0.44 dividend on an annualized basis and a yield of 0.5%.

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.