Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Short Interest Update

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 24,136 shares, a growth of 348.5% from the May 14th total of 5,381 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 614,661 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Phillips Financial Management LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the fourth quarter valued at approximately $26,000. Russell Investments Group Ltd. boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 94.3% in the fourth quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 410 shares during the period. Osbon Capital Management LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the fourth quarter valued at approximately $28,000. Smartleaf Asset Management LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 214.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 654 shares during the period. Finally, High Note Wealth LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the fourth quarter valued at approximately $34,000.

Schwab Fundamental U.S. Small Company ETF Stock Up 0.9%

Schwab Fundamental U.S. Small Company ETF stock opened at $37.21 on Friday. The stock has a market capitalization of $10.67 billion, a PE ratio of 17.12 and a beta of 1.03. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $27.68 and a twelve month high of $37.43. The company has a 50 day moving average of $35.33 and a 200-day moving average of $33.79.

About Schwab Fundamental U.S. Small Company ETF

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.