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

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,090,723 shares, an increase of 114.5% from the August 31st total of 508,395 shares. Based on an average trading volume of 2,432,840 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Auto Owners Insurance Co increased its position in Schwab Fundamental International Equity ETF by 5,991.6% during the 4th quarter. Auto Owners Insurance Co now owns 164,655,400 shares of the company’s stock worth $7,444,071,000 after purchasing an additional 161,952,400 shares during the period. Canandaigua National Bank & Trust Co. acquired a new stake in shares of Schwab Fundamental International Equity ETF in the 2nd quarter valued at approximately $53,537,000. Vise Technologies Inc. acquired a new stake in shares of Schwab Fundamental International Equity ETF in the 4th quarter valued at approximately $20,446,000. Insight Wealth Strategies LLC purchased a new stake in shares of Schwab Fundamental International Equity ETF in the second quarter valued at approximately $20,008,000. Finally, Flatrock Wealth Partners LLC purchased a new stake in shares of Schwab Fundamental International Equity ETF in the first quarter valued at approximately $13,207,000.

Schwab Fundamental International Equity ETF Price Performance

Shares of NYSEARCA:FNDF opened at $54.14 on Wednesday. The company’s fifty day moving average price is $54.97 and its 200 day moving average price is $53.02. Schwab Fundamental International Equity ETF has a 12 month low of $42.32 and a 12 month high of $56.47. The firm has a market capitalization of $25.64 billion, a P/E ratio of 12.54 and a beta of 0.71.

Schwab Fundamental International Equity ETF Company Profile

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.