Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sees Significant Growth in Short Interest

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 4,300,749 shares, an increase of 1,361.8% from the January 15th total of 294,211 shares. Based on an average trading volume of 2,118,155 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.0% of the company’s stock are short sold. Currently, 1.0% of the company’s stock are short sold. Based on an average trading volume of 2,118,155 shares, the days-to-cover ratio is currently 2.0 days.

Schwab Fundamental International Equity ETF Trading Up 0.4%

NYSEARCA FNDF traded up $0.21 during trading on Tuesday, reaching $50.76. The company’s stock had a trading volume of 1,580,230 shares, compared to its average volume of 1,766,118. The stock has a market capitalization of $22.10 billion, a PE ratio of 12.54 and a beta of 0.79. The business has a 50-day moving average price of $46.65 and a 200-day moving average price of $44.27. Schwab Fundamental International Equity ETF has a 1-year low of $31.92 and a 1-year high of $50.90.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Hedge funds have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. boosted its holdings in Schwab Fundamental International Equity ETF by 13.8% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 183,059 shares of the company’s stock valued at $7,864,000 after purchasing an additional 22,178 shares in the last quarter. Vise Technologies Inc. acquired a new stake in Schwab Fundamental International Equity ETF in the 2nd quarter valued at about $9,370,000. Arkadios Wealth Advisors purchased a new stake in Schwab Fundamental International Equity ETF in the 2nd quarter valued at approximately $261,000. Capital Advantage Inc. lifted its holdings in Schwab Fundamental International Equity ETF by 1.2% in the 3rd quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock valued at $45,600,000 after purchasing an additional 12,241 shares in the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. purchased a new stake in shares of Schwab Fundamental International Equity ETF in the third quarter valued at $781,000.

About Schwab Fundamental International Equity ETF

The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large firms from developed markets ex-US. The fund selects and weights using fundamental factors. FNDF was launched on Aug 15, 2013 and is managed by Charles Schwab.