Short Interest in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Decreases By 55.5%

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 132,830 shares, a decrease of 55.5% from the April 15th total of 298,669 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 364,530 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Fidelity NASDAQ Composite Index ETF

Large investors have recently bought and sold shares of the business. Flagship Harbor Advisors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $26,000. Newbridge Financial Services Group Inc. boosted its stake in 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 worth $31,000 after purchasing an additional 125 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Fidelity NASDAQ Composite Index ETF by 442.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $35,000 after purchasing an additional 310 shares during the period. Clearstead Advisors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth $34,000. Finally, Prosperity Bancshares Inc acquired a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $37,000.

Fidelity NASDAQ Composite Index ETF Stock Down 1.4%

NASDAQ:ONEQ traded down $1.45 during trading hours on Friday, reaching $103.44. 313,158 shares of the company’s stock were exchanged, compared to its average volume of 358,253. The firm has a market capitalization of $10.52 billion, a price-to-earnings ratio of 28.20 and a beta of 1.21. The company has a 50-day moving average of $92.33 and a 200 day moving average of $91.71. Fidelity NASDAQ Composite Index ETF has a 1-year low of $73.11 and a 1-year high of $105.12.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were paid a dividend of $0.111 per share. The ex-dividend date was Friday, March 20th. This represents a $0.44 dividend on an annualized basis and a yield of 0.4%.

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.