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

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

Schwab Fundamental International Equity ETF Stock Performance

Shares of Schwab Fundamental International Equity ETF stock traded up $0.31 during mid-day trading on Thursday, hitting $49.02. 1,839,478 shares of the stock were exchanged, compared to its average volume of 1,648,375. Schwab Fundamental International Equity ETF has a 12 month low of $31.92 and a 12 month high of $49.40. The company has a 50-day simple moving average of $45.72 and a 200 day simple moving average of $43.68. The company has a market capitalization of $21.20 billion, a P/E ratio of 12.54 and a beta of 0.79.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

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

Schwab Fundamental International Equity ETF Company Profile

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.