Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Short Interest Up 36.4% in January

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 4,026,059 shares, an increase of 36.4% from the December 31st total of 2,952,500 shares. Based on an average daily volume of 5,265,890 shares, the short-interest ratio is presently 0.8 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 5,265,890 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Schwab Fundamental U.S. Large Company ETF

Institutional investors have recently modified their holdings of the stock. Nicholas Hoffman & Company LLC. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 3.0% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 425,765 shares of the company’s stock worth $11,585,000 after purchasing an additional 12,371 shares during the period. Millstone Evans Group LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth about $1,160,000. QRG Capital Management Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 8.4% during the fourth quarter. QRG Capital Management Inc. now owns 184,800 shares of the company’s stock worth $5,028,000 after buying an additional 14,387 shares in the last quarter. Williams Financial LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at about $14,741,000. Finally, Truist Financial Corp raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 15.7% in the 4th quarter. Truist Financial Corp now owns 93,504 shares of the company’s stock valued at $2,544,000 after buying an additional 12,707 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.8%

NYSEARCA FNDX opened at $28.62 on Tuesday. The company has a market cap of $23.65 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The company has a 50 day moving average of $27.63 and a 200-day moving average of $26.52. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $28.66.

Schwab Fundamental U.S. Large Company ETF Company Profile

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.