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 recipient of a significant drop in short interest in the month of 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 daily trading volume, of 3,455,385 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of Schwab Fundamental U.S. Large Company ETF

Hedge funds have recently made changes to their positions in the business. Keenan LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth $27,000. Ascentis Independent Advisors purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter valued at $28,000. Valued Wealth Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter valued at $30,000. Signature Resources Capital Management LLC raised its holdings in shares of 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 in the last quarter. Finally, Hanson & Doremus Investment Management bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at about $45,000.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.2%

Shares of FNDX traded down $0.06 during trading hours on Friday, reaching $32.52. 4,459,395 shares of the stock traded hands, compared to its average volume of 4,468,930. The company’s 50-day moving average price is $32.28 and its two-hundred day moving average price is $31.15. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $25.87 and a 52-week high of $32.85. The company has a market cap of $28.15 billion, a P/E ratio of 17.86 and a beta of 0.88.

Schwab Fundamental U.S. Large Company ETF Company Profile

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.