Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Stock Short Interest Report for October

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 327,792 shares, a growth of 212.3% from the October 15th total of 104,944 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 2,316,696 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Schwab Fundamental U.S. Small Company ETF

Several institutional investors have recently bought and sold shares of the stock. HORAN Wealth LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 102.0% in the 1st quarter. HORAN Wealth LLC now owns 577,082 shares of the exchange traded fund’s stock worth $18,680,000 after acquiring an additional 291,350 shares during the period. Concurrent Investment Advisors LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF during the second quarter valued at about $1,580,000. Asset Dedication LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the third quarter worth $1,038,000. GatePass Capital LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the first quarter worth approximately $652,000. Finally, Dickmeyer Boyce Financial Management Inc. purchased a new position in Schwab Fundamental U.S. Small Company ETF in the first quarter valued at about $1,630,000.

Schwab Fundamental U.S. Small Company ETF Trading Down 1.1%

NYSEARCA:FNDA traded down $0.41 during mid-day trading on Thursday, hitting $36.17. The stock had a trading volume of 1,210,359 shares, compared to its average volume of 1,243,926. The company has a 50 day simple moving average of $35.90 and a 200-day simple moving average of $35.68. The stock has a market capitalization of $8.94 billion, a price-to-earnings ratio of 17.08 and a beta of 1.06. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $29.31 and a 52 week high of $38.59.

Schwab Fundamental U.S. Small Company ETF Company Profile

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.