Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sees Large Growth in Short Interest

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) was the recipient of a large 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 stock are sold short. Based on an average daily trading volume, of 1,289,569 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 1,289,569 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of Schwab Fundamental International Equity ETF

A number of institutional investors have recently modified their holdings of FNDF. Envestnet Portfolio Solutions Inc. boosted its position in shares of Schwab Fundamental International Equity ETF by 13.8% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 183,059 shares of the company’s stock valued at $7,864,000 after buying an additional 22,178 shares during the last quarter. Arkadios Wealth Advisors bought a new position in Schwab Fundamental International Equity ETF during the 2nd quarter valued at $261,000. Vise Technologies Inc. purchased a new position in Schwab Fundamental International Equity ETF during the 2nd quarter worth $9,370,000. Capital Advantage Inc. grew its stake in shares of Schwab Fundamental International Equity ETF by 1.2% in the 3rd quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock worth $45,600,000 after acquiring an additional 12,241 shares in the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. bought a new stake in shares of Schwab Fundamental International Equity ETF in the 3rd quarter worth $781,000.

Schwab Fundamental International Equity ETF Price Performance

Shares of Schwab Fundamental International Equity ETF stock traded up $0.31 on Thursday, hitting $49.02. The company had a trading volume of 1,839,478 shares, compared to its average volume of 1,648,375. The stock has a 50-day moving average of $45.72 and a 200-day moving average of $43.68. Schwab Fundamental International Equity ETF has a twelve month low of $31.92 and a twelve month high of $49.40. The firm has a market capitalization of $21.20 billion, a P/E ratio of 12.54 and a beta of 0.79.

About Schwab Fundamental International Equity ETF

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.