Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Short Interest Up 225.2% in March

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

Institutional Investors Weigh In On Fidelity NASDAQ Composite Index ETF

Several large investors have recently modified their holdings of ONEQ. Newbridge Financial Services Group Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth approximately $25,000. TD Waterhouse Canada Inc. acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth about $30,000. Fifth Third Bancorp acquired a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at $38,000. Red Tortoise LLC purchased a new position in Fidelity NASDAQ Composite Index ETF during the fourth quarter worth about $41,000. Finally, Geneos Wealth Management Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth about $51,000.

Fidelity NASDAQ Composite Index ETF Price Performance

NASDAQ ONEQ opened at $68.17 on Friday. The company has a fifty day moving average of $74.50 and a two-hundred day moving average of $74.41. Fidelity NASDAQ Composite Index ETF has a 1 year low of $59.98 and a 1 year high of $79.75. The company has a market capitalization of $6.81 billion, a PE ratio of 28.97 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

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

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.