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 increase in short interest in May. As of May 29th, there was short interest totaling 1,434,903 shares, an increase of 256.1% from the May 14th total of 402,929 shares. Based on an average daily volume of 1,354,392 shares, the short-interest ratio is presently 1.1 days. Approximately 0.3% of the company’s stock are short sold.

Schwab Fundamental International Equity ETF Stock Up 0.4%

Shares of NYSEARCA FNDF traded up $0.21 during trading on Friday, reaching $54.10. 1,022,785 shares of the stock were exchanged, compared to its average volume of 1,694,124. The business’s 50-day moving average price is $52.42 and its 200 day moving average price is $49.38. Schwab Fundamental International Equity ETF has a twelve month low of $38.75 and a twelve month high of $55.17. The company has a market capitalization of $24.17 billion, a price-to-earnings ratio of 12.54 and a beta of 0.70.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC grew its stake in Schwab Fundamental International Equity ETF by 13.4% during the 1st quarter. NewEdge Advisors LLC now owns 178,749 shares of the company’s stock valued at $8,746,000 after purchasing an additional 21,076 shares in the last quarter. Foguth Wealth Management LLC. acquired a new stake in Schwab Fundamental International Equity ETF during the 1st quarter valued at approximately $250,000. Security Financial Services INC. grew its stake in Schwab Fundamental International Equity ETF by 2.3% during the 1st quarter. Security Financial Services INC. now owns 12,465 shares of the company’s stock valued at $610,000 after purchasing an additional 279 shares in the last quarter. Glenmede Trust Co. NA grew its stake in Schwab Fundamental International Equity ETF by 6.7% during the 1st quarter. Glenmede Trust Co. NA now owns 39,001 shares of the company’s stock valued at $1,908,000 after purchasing an additional 2,439 shares in the last quarter. Finally, Essential Partners LLC grew its stake in Schwab Fundamental International Equity ETF by 23.0% during the 1st quarter. Essential Partners LLC now owns 75,579 shares of the company’s stock valued at $3,698,000 after purchasing an additional 14,155 shares in the last quarter.

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.