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 in 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 daily trading volume, of 370,500 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Fidelity NASDAQ Composite Index ETF

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in Fidelity NASDAQ Composite Index ETF by 310.9% during the 4th quarter. JPMorgan Chase & Co. now owns 470,444 shares of the company’s stock valued at $35,782,000 after purchasing an additional 355,951 shares in the last quarter. Prasad Wealth Partners LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $27,004,000. LPL Financial LLC grew its stake in shares of Fidelity NASDAQ Composite Index ETF by 40.0% during the fourth quarter. LPL Financial LLC now owns 1,079,347 shares of the company’s stock valued at $82,095,000 after acquiring an additional 308,242 shares in the last quarter. GeoWealth Management LLC increased its position in shares of Fidelity NASDAQ Composite Index ETF by 33,835.2% during the fourth quarter. GeoWealth Management LLC now owns 302,363 shares of the company’s stock worth $22,998,000 after acquiring an additional 301,472 shares during the last quarter. Finally, Heck Capital Advisors LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth about $18,258,000.

Fidelity NASDAQ Composite Index ETF Stock Down 2.8 %

ONEQ opened at $68.17 on Friday. The company has a 50 day moving average of $74.50 and a two-hundred day moving average of $74.41. Fidelity NASDAQ Composite Index ETF has a 52-week low of $59.98 and a 52-week high of $79.75. The company has a market cap of $6.81 billion, a P/E ratio of 28.97 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a $0.091 dividend. The ex-dividend date was Friday, March 21st.

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.