Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) Stock Short Interest Report for October

Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 1,800,497 shares, a growth of 62.0% from the September 30th total of 1,111,275 shares. Based on an average daily volume of 2,044,448 shares, the short-interest ratio is currently 0.9 days. Approximately 0.7% of the company’s stock are short sold.

Schwab Fundamental Emerging Markets Equity ETF Stock Performance

Shares of Schwab Fundamental Emerging Markets Equity ETF stock traded up $0.35 during trading on Monday, hitting $40.92. 556,241 shares of the stock traded hands, compared to its average volume of 1,312,653. The stock has a market cap of $10.05 billion, a P/E ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $34.99 and a twelve month high of $43.18. The company has a fifty day moving average price of $42.21 and a two-hundred day moving average price of $40.48.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Chicago Partners Investment Group LLC acquired a new stake in shares of Schwab Fundamental Emerging Markets Equity ETF during the 3rd quarter valued at about $292,000. Provenance Wealth Advisors LLC acquired a new position in Schwab Fundamental Emerging Markets Equity ETF in the third quarter worth about $27,000. Integrity Alliance LLC. bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the third quarter worth about $367,000. Garde Capital Inc. bought a new position in Schwab Fundamental Emerging Markets Equity ETF during the third quarter worth about $216,000. Finally, Certified Advisory Corp lifted its stake in Schwab Fundamental Emerging Markets Equity ETF by 5.5% during the third quarter. Certified Advisory Corp now owns 22,108 shares of the company’s stock worth $926,000 after purchasing an additional 1,157 shares during the period.

About Schwab Fundamental Emerging Markets Equity ETF

The Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of emerging market stocks. Its selection and weighting are based on three fundamental factors: sales, cash flow, and dividends\u002Fbuybacks. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.