Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) Short Interest Update

by · The Cerbat Gem

Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE – Get Free Report) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 2,030,146 shares, a decrease of 68.3% from the July 30th total of 6,406,549 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 889,764 shares, the short-interest ratio is currently 2.3 days.

Schwab Fundamental Emerging Markets Equity ETF Stock Down 0.2%

Shares of Schwab Fundamental Emerging Markets Equity ETF stock traded down $0.08 during trading hours on Friday, hitting $42.00. 2,186,593 shares of the company’s stock traded hands, compared to its average volume of 1,078,511. Schwab Fundamental Emerging Markets Equity ETF has a twelve month low of $34.07 and a twelve month high of $42.43. The company has a market cap of $9.89 billion, a PE ratio of 10.04 and a beta of 0.56. The stock has a 50 day simple moving average of $40.75 and a 200-day simple moving average of $40.14.

Institutional Investors Weigh In On Schwab Fundamental Emerging Markets Equity ETF

Hedge funds have recently bought and sold shares of the business. Revolve Wealth Partners LLC purchased a new position in shares of Schwab Fundamental Emerging Markets Equity ETF during the 4th quarter valued at approximately $321,000. Royal Bank of Canada increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 0.6% in the first quarter. Royal Bank of Canada now owns 157,591 shares of the company’s stock worth $4,855,000 after buying an additional 886 shares during the last quarter. Baird Financial Group Inc. increased its stake in shares of Schwab Fundamental Emerging Markets Equity ETF by 17.6% in the second quarter. Baird Financial Group Inc. now owns 91,243 shares of the company’s stock worth $3,012,000 after buying an additional 13,653 shares during the last quarter. Cerity Partners LLC raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 2.3% in the second quarter. Cerity Partners LLC now owns 41,379 shares of the company’s stock valued at $1,366,000 after acquiring an additional 930 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in Schwab Fundamental Emerging Markets Equity ETF by 81.4% in the second quarter. Qube Research & Technologies Ltd now owns 115,424 shares of the company’s stock valued at $3,810,000 after acquiring an additional 51,787 shares in the last quarter.

About Schwab Fundamental Emerging Markets Equity ETF

(Get Free Report)

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.

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