Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Short Interest Update

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 14,350 shares, a drop of 46.6% from the August 15th total of 26,868 shares. Based on an average trading volume of 94,682 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Schwab Fundamental International Small Equity ETF

Hedge funds have recently made changes to their positions in the stock. Allied Private Wealth LLC bought a new stake in Schwab Fundamental International Small Equity ETF in the second quarter worth $26,000. Anchor Investment Management LLC lifted its stake in Schwab Fundamental International Small Equity ETF by 234.0% in the second quarter. Anchor Investment Management LLC now owns 1,002 shares of the company’s stock worth $49,000 after acquiring an additional 702 shares during the period. Vermillion Wealth Management Inc. bought a new stake in shares of Schwab Fundamental International Small Equity ETF during the 4th quarter valued at about $99,000. RMG Wealth Management LLC bought a new stake in Schwab Fundamental International Small Equity ETF during the 1st quarter valued at approximately $111,000. Finally, Root Financial Partners LLC boosted its position in shares of Schwab Fundamental International Small Equity ETF by 28.4% during the fourth quarter. Root Financial Partners LLC now owns 2,900 shares of the company’s stock valued at $129,000 after purchasing an additional 642 shares in the last quarter.

Schwab Fundamental International Small Equity ETF Stock Down 0.4%

NYSEARCA:FNDC traded down $0.18 during mid-day trading on Wednesday, hitting $50.38. 87,552 shares of the stock traded hands, compared to its average volume of 154,904. The business’s 50-day moving average price is $50.20 and its 200 day moving average price is $49.15. The company has a market cap of $3.12 billion, a PE ratio of 13.87 and a beta of 0.76. Schwab Fundamental International Small Equity ETF has a 12-month low of $42.95 and a 12-month high of $51.83.

Schwab Fundamental International Small Equity ETF Company Profile

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.