Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Short Interest Update

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 26,868 shares, a growth of 473.1% from the July 30th total of 4,688 shares. Based on an average daily volume of 73,029 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of Schwab Fundamental International Small Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FNDC. Cetera Investment Advisers acquired a new stake in shares of Schwab Fundamental International Small Equity ETF in the second quarter worth approximately $274,000. Cerity Partners LLC increased its position in Schwab Fundamental International Small Equity ETF by 2.0% during the second quarter. Cerity Partners LLC now owns 58,463 shares of the company’s stock worth $2,458,000 after purchasing an additional 1,147 shares during the last quarter. Jane Street Group LLC increased its position in Schwab Fundamental International Small Equity ETF by 246.3% during the second quarter. Jane Street Group LLC now owns 457,228 shares of the company’s stock worth $19,226,000 after purchasing an additional 325,196 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Schwab Fundamental International Small Equity ETF by 30.6% during the second quarter. Ameriprise Financial Inc. now owns 20,139 shares of the company’s stock worth $847,000 after purchasing an additional 4,718 shares during the period. Finally, Bank of America Corp DE raised its stake in Schwab Fundamental International Small Equity ETF by 13.2% during the second quarter. Bank of America Corp DE now owns 88,958 shares of the company’s stock worth $3,741,000 after purchasing an additional 10,377 shares during the period.

Schwab Fundamental International Small Equity ETF Stock Performance

Schwab Fundamental International Small Equity ETF stock traded up $0.30 during trading on Friday, hitting $51.79. The company’s stock had a trading volume of 17,529 shares, compared to its average volume of 158,103. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 13.87 and a beta of 0.75. The stock’s fifty day moving average is $49.55 and its 200 day moving average is $49.03. Schwab Fundamental International Small Equity ETF has a 1-year low of $42.95 and a 1-year high of $51.83.

Schwab Fundamental International Small Equity ETF Company Profile

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.