Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sees Significant Decline in Short Interest

by · The Markets Daily

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF – Get Free Report) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 508,395 shares, a decline of 66.5% from the August 15th total of 1,519,271 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,523,564 shares, the days-to-cover ratio is currently 0.3 days.

Schwab Fundamental International Equity ETF Stock Performance

Schwab Fundamental International Equity ETF stock traded up $0.52 during midday trading on Friday, hitting $55.83. 3,115,488 shares of the company were exchanged, compared to its average volume of 1,641,971. The firm has a market capitalization of $25.77 billion, a PE ratio of 12.54 and a beta of 0.71. Schwab Fundamental International Equity ETF has a fifty-two week low of $42.32 and a fifty-two week high of $56.47. The business has a fifty day simple moving average of $54.50 and a two-hundred day simple moving average of $52.65.

Institutional Trading of Schwab Fundamental International Equity ETF

Several institutional investors have recently bought and sold shares of the business. Barry Investment Advisors LLC grew its position in shares of Schwab Fundamental International Equity ETF by 3.2% in the second quarter. Barry Investment Advisors LLC now owns 824,655 shares of the company’s stock valued at $43,509,000 after purchasing an additional 25,257 shares during the period. Verde Capital Management boosted its holdings in shares of Schwab Fundamental International Equity ETF by 1.1% during the 1st quarter. Verde Capital Management now owns 992,254 shares of the company’s stock worth $48,551,000 after purchasing an additional 11,239 shares during the last quarter. IFC & Insurance Marketing Inc. grew its position in shares of Schwab Fundamental International Equity ETF by 24.6% in the first quarter. IFC & Insurance Marketing Inc. now owns 86,964 shares of the company’s stock valued at $4,255,000 after purchasing an additional 17,172 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in shares of Schwab Fundamental International Equity ETF by 131.7% in the second quarter. Concurrent Investment Advisors LLC now owns 92,863 shares of the company’s stock valued at $4,899,000 after purchasing an additional 52,790 shares in the last quarter. Finally, Wealth Advisory Team LLC acquired a new stake in shares of Schwab Fundamental International Equity ETF in the fourth quarter valued at approximately $1,102,000.

Schwab Fundamental International Equity ETF Company Profile

(Get Free Report)

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.

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