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 target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 26,868 shares, a growth of 473.1% from the July 30th total of 4,688 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 73,029 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Schwab Fundamental International Small Equity ETF

Large investors have recently modified their holdings of the stock. Prairiewood Capital LLC grew its holdings in Schwab Fundamental International Small Equity ETF by 4.6% in the 1st quarter. Prairiewood Capital LLC now owns 301,819 shares of the company’s stock valued at $13,992,000 after buying an additional 13,238 shares in the last quarter. BFI Wealth Solutions LLC bought a new position in Schwab Fundamental International Small Equity ETF during the 4th quarter worth $2,529,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Schwab Fundamental International Small Equity ETF by 63.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 39,449 shares of the company’s stock worth $1,757,000 after buying an additional 15,319 shares in the last quarter. Ballast Financial Advisors LLC acquired a new stake in shares of Schwab Fundamental International Small Equity ETF during the fourth quarter worth $875,000. Finally, Birchwood Financial Partners Inc. bought a new stake in shares of Schwab Fundamental International Small Equity ETF in the fourth quarter valued at about $685,000.

Schwab Fundamental International Small Equity ETF Trading Up 1.0%

FNDC opened at $51.50 on Wednesday. Schwab Fundamental International Small Equity ETF has a 1-year low of $42.95 and a 1-year high of $51.56. The stock’s fifty day simple moving average is $49.48 and its 200 day simple moving average is $48.98. The stock has a market cap of $3.19 billion, a PE ratio of 13.87 and a beta of 0.75.

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.