Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Short Interest Down 34.0% in February

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 71,233 shares, a drop of 34.0% from the February 12th total of 107,991 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 611,752 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 611,752 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

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

Institutional investors have recently added to or reduced their stakes in the business. Phillips Financial Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the fourth quarter worth $26,000. Russell Investments Group Ltd. boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 94.3% in the 4th 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. Cullen Frost Bankers Inc. bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 3rd quarter valued at about $28,000. Smartleaf Asset Management LLC grew its position in shares of Schwab Fundamental U.S. Small Company ETF by 214.4% during the 4th 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 last quarter. Finally, High Note Wealth LLC acquired a new stake in Schwab Fundamental U.S. Small Company ETF during the fourth quarter worth about $34,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of NYSEARCA FNDA traded down $0.12 during trading on Friday, reaching $32.01. The stock had a trading volume of 654,234 shares, compared to its average volume of 810,990. The stock has a market cap of $9.14 billion, a PE ratio of 17.12 and a beta of 1.10. Schwab Fundamental U.S. Small Company ETF has a one year low of $23.49 and a one year high of $35.31. The firm’s 50 day moving average price is $33.83 and its two-hundred day moving average price is $32.14.

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.