Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Short Interest Update

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 14,350 shares, a drop of 46.6% from the August 15th total of 26,868 shares. Based on an average daily trading volume, of 94,682 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Schwab Fundamental International Small Equity ETF Stock Performance

Schwab Fundamental International Small Equity ETF stock traded up $0.45 during midday trading on Thursday, hitting $50.83. 71,542 shares of the company’s stock were exchanged, compared to its average volume of 154,416. The company has a market cap of $3.15 billion, a P/E ratio of 13.87 and a beta of 0.76. The stock has a 50-day moving average price of $50.20 and a two-hundred day moving average price of $49.15. Schwab Fundamental International Small Equity ETF has a 52-week low of $42.95 and a 52-week high of $51.83.

Institutional Investors Weigh In On Schwab Fundamental International Small Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FNDC. Allied Private Wealth LLC bought a new stake in Schwab Fundamental International Small Equity ETF during the second quarter worth about $26,000. Anchor Investment Management LLC raised its holdings in shares of Schwab Fundamental International Small Equity ETF by 234.0% during the 2nd quarter. Anchor Investment Management LLC now owns 1,002 shares of the company’s stock valued at $49,000 after buying an additional 702 shares in the last quarter. Vermillion Wealth Management Inc. purchased a new position in shares of Schwab Fundamental International Small Equity ETF during the 4th quarter valued at about $99,000. RMG Wealth Management LLC bought a new stake in Schwab Fundamental International Small Equity ETF in the 1st quarter worth approximately $111,000. Finally, Fifth Third Bancorp boosted its stake in Schwab Fundamental International Small Equity ETF by 82.3% in the first quarter. Fifth Third Bancorp now owns 2,850 shares of the company’s stock worth $132,000 after buying an additional 1,287 shares in the last quarter.

Schwab Fundamental International Small Equity ETF Company Profile

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.