Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Short Interest Up 18.2% in August

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 57,900 shares, an increase of 18.2% from the August 15th total of 49,000 shares. Based on an average trading volume of 297,100 shares, the short-interest ratio is currently 0.2 days.

Fidelity NASDAQ Composite Index ETF Price Performance

Fidelity NASDAQ Composite Index ETF stock traded up $0.11 during trading hours on Tuesday, hitting $69.57. The company had a trading volume of 173,190 shares, compared to its average volume of 273,389. The firm’s fifty day moving average is $68.86 and its 200-day moving average is $66.80. The firm has a market capitalization of $6.74 billion, a P/E ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $49.41 and a fifty-two week high of $73.58.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Friday, June 21st were paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend was Friday, June 21st.

Institutional Investors Weigh In On Fidelity NASDAQ Composite Index ETF

Several institutional investors have recently made changes to their positions in ONEQ. PNC Financial Services Group Inc. raised its holdings in Fidelity NASDAQ Composite Index ETF by 18.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,690 shares of the company’s stock valued at $337,000 after buying an additional 886 shares in the last quarter. Certified Advisory Corp bought a new stake in Fidelity NASDAQ Composite Index ETF during the fourth quarter worth approximately $314,000. Cambridge Investment Research Advisors Inc. grew its holdings in Fidelity NASDAQ Composite Index ETF by 0.9% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 126,850 shares of the company’s stock valued at $7,515,000 after purchasing an additional 1,145 shares during the last quarter. EP Wealth Advisors LLC grew its holdings in Fidelity NASDAQ Composite Index ETF by 17.9% during the fourth quarter. EP Wealth Advisors LLC now owns 6,600 shares of the company’s stock valued at $391,000 after purchasing an additional 1,003 shares during the last quarter. Finally, Brookstone Capital Management bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the second quarter valued at approximately $253,000.

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.