Short Interest in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Rises By 172.8%

by · The Markets Daily

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF – Get Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 294,211 shares, a growth of 172.8% from the December 31st total of 107,837 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,289,569 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 1,289,569 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Schwab Fundamental International Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. increased its stake in shares of Schwab Fundamental International Equity ETF by 13.8% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 183,059 shares of the company’s stock valued at $7,864,000 after purchasing an additional 22,178 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in Schwab Fundamental International Equity ETF in the second quarter valued at approximately $261,000. Vise Technologies Inc. purchased a new stake in shares of Schwab Fundamental International Equity ETF in the second quarter valued at approximately $9,370,000. Capital Advantage Inc. raised its stake in shares of Schwab Fundamental International Equity ETF by 1.2% during the 3rd quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock worth $45,600,000 after buying an additional 12,241 shares during the period. Finally, Boyce & Associates Wealth Consulting Inc. acquired a new position in shares of Schwab Fundamental International Equity ETF during the 3rd quarter worth approximately $781,000.

Schwab Fundamental International Equity ETF Stock Down 1.1%

Schwab Fundamental International Equity ETF stock traded down $0.55 during midday trading on Friday, reaching $48.56. The stock had a trading volume of 2,167,313 shares, compared to its average volume of 1,703,801. The company has a fifty day moving average of $45.94 and a 200 day moving average of $43.77. The firm has a market cap of $21.00 billion, a price-to-earnings ratio of 12.54 and a beta of 0.79. Schwab Fundamental International Equity ETF has a 52-week low of $31.92 and a 52-week high of $49.40.

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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