Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Stock Short Interest Report for September

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 403,877 shares, a drop of 41.3% from the September 15th total of 687,816 shares. Based on an average trading volume of 3,455,385 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.0%

FNDX opened at $32.35 on Thursday. The stock has a fifty day moving average price of $32.27 and a 200 day moving average price of $31.11. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $25.87 and a 1 year high of $32.85. The stock has a market cap of $27.96 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

Institutional Investors Weigh In On Schwab Fundamental U.S. Large Company ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Keenan LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth approximately $27,000. Ascentis Independent Advisors acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $28,000. Valued Wealth Advisors LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $30,000. Signature Resources Capital Management LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF by 161.1% in the first quarter. Signature Resources Capital Management LLC now owns 1,316 shares of the company’s stock valued at $37,000 after acquiring an additional 812 shares during the last quarter. Finally, Hanson & Doremus Investment Management acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $45,000.

About Schwab Fundamental U.S. Large Company ETF

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.