Short Interest in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Drops By 25.8%

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 107,837 shares, a decline of 25.8% from the December 15th total of 145,378 shares. Based on an average trading volume of 1,921,602 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,921,602 shares, the days-to-cover ratio is presently 0.1 days.

Schwab Fundamental International Equity ETF Stock Performance

FNDF stock traded up $0.06 during midday trading on Friday, reaching $47.21. The company’s stock had a trading volume of 1,097,483 shares, compared to its average volume of 1,272,062. Schwab Fundamental International Equity ETF has a 1 year low of $31.92 and a 1 year high of $47.30. The firm has a market capitalization of $20.42 billion, a price-to-earnings ratio of 12.54 and a beta of 0.79. The stock has a fifty day simple moving average of $45.17 and a two-hundred day simple moving average of $43.26.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Large investors have recently added to or reduced their stakes in the stock. Auto Owners Insurance Co raised its holdings in shares of Schwab Fundamental International Equity ETF by 788.6% in the second quarter. Auto Owners Insurance Co now owns 8,353,000 shares of the company’s stock valued at $333,828,000 after acquiring an additional 7,413,025 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Schwab Fundamental International Equity ETF by 81.4% during the 2nd quarter. Corient Private Wealth LLC now owns 5,203,830 shares of the company’s stock valued at $208,257,000 after purchasing an additional 2,335,173 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Schwab Fundamental International Equity ETF by 320.4% in the 2nd quarter. Captrust Financial Advisors now owns 2,611,073 shares of the company’s stock valued at $104,495,000 after purchasing an additional 1,989,972 shares during the last quarter. AlphaCore Capital LLC raised its stake in Schwab Fundamental International Equity ETF by 28,780.4% in the 2nd quarter. AlphaCore Capital LLC now owns 1,710,588 shares of the company’s stock worth $68,458,000 after acquiring an additional 1,704,665 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Schwab Fundamental International Equity ETF by 21.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,955,383 shares of the company’s stock valued at $238,334,000 after purchasing an additional 1,056,916 shares during the last quarter.

About Schwab Fundamental International Equity ETF

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.