Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Short Interest Down 23.1% in December

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 176,093 shares, a decline of 23.1% from the December 15th total of 229,079 shares. Based on an average daily trading volume, of 232,877 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 232,877 shares, the days-to-cover ratio is currently 0.8 days.

Fidelity NASDAQ Composite Index ETF Stock Down 0.1%

Shares of ONEQ stock traded down $0.08 during mid-day trading on Friday, reaching $92.46. The company’s stock had a trading volume of 163,639 shares, compared to its average volume of 287,458. The firm has a market capitalization of $9.44 billion, a PE ratio of 28.20 and a beta of 1.15. The company’s 50 day simple moving average is $91.58 and its 200-day simple moving average is $88.21. 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were paid a dividend of $0.147 per share. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, December 19th.

Institutional Investors Weigh In On Fidelity NASDAQ Composite Index ETF

Hedge funds have recently modified their holdings of the stock. Thrivent Financial for Lutherans acquired a new position in Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth approximately $15,934,000. Steward Partners Investment Advisory LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 1,379.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 188,842 shares of the company’s stock valued at $15,126,000 after purchasing an additional 176,075 shares during the period. Heck Capital Advisors LLC lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 37.9% during the second quarter. Heck Capital Advisors LLC now owns 608,702 shares of the company’s stock worth $48,757,000 after purchasing an additional 167,440 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 12.2% during the second quarter. Commonwealth Equity Services LLC now owns 1,419,678 shares of the company’s stock worth $113,716,000 after purchasing an additional 154,160 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in shares of Fidelity NASDAQ Composite Index ETF by 52.8% in the second quarter. Osaic Holdings Inc. now owns 331,471 shares of the company’s stock valued at $26,582,000 after purchasing an additional 114,473 shares during the period.

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.