Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Short Interest Up 256.1% in May

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,434,903 shares, a growth of 256.1% from the May 14th total of 402,929 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 1,354,392 shares, the short-interest ratio is currently 1.1 days.

Schwab Fundamental International Equity ETF Price Performance

Schwab Fundamental International Equity ETF stock traded up $0.21 during mid-day trading on Friday, hitting $54.10. The company’s stock had a trading volume of 1,022,785 shares, compared to its average volume of 1,694,124. The stock has a market cap of $24.17 billion, a price-to-earnings ratio of 12.54 and a beta of 0.70. Schwab Fundamental International Equity ETF has a 12 month low of $38.75 and a 12 month high of $55.17. The business has a 50 day moving average price of $52.42 and a 200-day moving average price of $49.38.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

A number of large investors have recently made changes to their positions in the business. Clune & Associates LTD. grew its position in shares of Schwab Fundamental International Equity ETF by 2.7% in the 4th quarter. Clune & Associates LTD. now owns 7,747 shares of the company’s stock worth $350,000 after buying an additional 204 shares during the last quarter. Signature Resources Capital Management LLC grew its position in shares of Schwab Fundamental International Equity ETF by 17.4% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,401 shares of the company’s stock worth $69,000 after buying an additional 208 shares during the last quarter. Front Row Advisors LLC lifted its holdings in Schwab Fundamental International Equity ETF by 3.7% in the fourth quarter. Front Row Advisors LLC now owns 5,924 shares of the company’s stock worth $268,000 after buying an additional 210 shares during the period. World Investment Advisors lifted its holdings in Schwab Fundamental International Equity ETF by 2.3% in the first quarter. World Investment Advisors now owns 9,404 shares of the company’s stock worth $460,000 after buying an additional 212 shares during the period. Finally, Private Trust Co. NA lifted its holdings in Schwab Fundamental International Equity ETF by 10.7% in the fourth quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock worth $100,000 after buying an additional 213 shares during the period.

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.