Short Interest in Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Grows By 473.1%

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 26,868 shares, an increase of 473.1% from the July 30th total of 4,688 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 73,029 shares, the days-to-cover ratio is presently 0.4 days.

Schwab Fundamental International Small Equity ETF Stock Up 1.0%

Shares of Schwab Fundamental International Small Equity ETF stock opened at $51.50 on Wednesday. Schwab Fundamental International Small Equity ETF has a 12-month low of $42.95 and a 12-month high of $51.56. The stock has a market cap of $3.19 billion, a P/E ratio of 13.87 and a beta of 0.75. The business’s 50 day moving average is $49.48 and its 200-day moving average is $48.98.

Hedge Funds Weigh In On Schwab Fundamental International Small Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Focus Partners Wealth grew its position in shares of Schwab Fundamental International Small Equity ETF by 254.6% in the 4th quarter. Focus Partners Wealth now owns 504,392 shares of the company’s stock valued at $22,471,000 after acquiring an additional 362,134 shares during the period. Jane Street Group LLC raised its holdings in shares of Schwab Fundamental International Small Equity ETF by 246.3% in the 2nd quarter. Jane Street Group LLC now owns 457,228 shares of the company’s stock valued at $19,226,000 after purchasing an additional 325,196 shares during the period. Citadel Advisors LLC lifted its stake in Schwab Fundamental International Small Equity ETF by 512.1% in the 3rd quarter. Citadel Advisors LLC now owns 340,229 shares of the company’s stock valued at $15,144,000 after purchasing an additional 284,641 shares during the last quarter. MorganRosel Wealth Management LLC lifted its stake in Schwab Fundamental International Small Equity ETF by 3,287.1% in the 4th quarter. MorganRosel Wealth Management LLC now owns 160,447 shares of the company’s stock valued at $7,148,000 after purchasing an additional 155,710 shares during the last quarter. Finally, Vise Technologies Inc. grew its holdings in Schwab Fundamental International Small Equity ETF by 235.9% during the third quarter. Vise Technologies Inc. now owns 118,344 shares of the company’s stock worth $5,138,000 after purchasing an additional 83,117 shares during the period.

About Schwab Fundamental International Small Equity ETF

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.