Short Interest in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Decreases By 34.0%

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) saw a large decline in short interest in February. As of February 27th, there was short interest totaling 71,233 shares, a decline of 34.0% from the February 12th total of 107,991 shares. Based on an average daily volume of 611,752 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 611,752 shares, the short-interest ratio is presently 0.1 days.

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

Several hedge funds have recently modified their holdings of the company. Sowell Financial Services LLC grew its position in Schwab Fundamental U.S. Small Company ETF by 0.3% during the 4th quarter. Sowell Financial Services LLC now owns 114,859 shares of the exchange traded fund’s stock worth $3,619,000 after acquiring an additional 343 shares during the last quarter. Kestra Advisory Services LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 3.5% in the 4th quarter. Kestra Advisory Services LLC now owns 10,618 shares of the exchange traded fund’s stock valued at $335,000 after purchasing an additional 362 shares during the last quarter. MCF Advisors LLC boosted its stake in Schwab Fundamental U.S. Small Company ETF by 7.6% in the third quarter. MCF Advisors LLC now owns 5,697 shares of the exchange traded fund’s stock worth $178,000 after purchasing an additional 403 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Schwab Fundamental U.S. Small Company ETF by 94.3% in the fourth quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 410 shares in the last quarter. Finally, Comerica Bank grew its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 1.7% during the fourth quarter. Comerica Bank now owns 25,362 shares of the exchange traded fund’s stock worth $799,000 after purchasing an additional 413 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Trading Down 0.4%

Shares of Schwab Fundamental U.S. Small Company ETF stock traded down $0.12 during mid-day trading on Friday, reaching $32.01. 654,234 shares of the stock were exchanged, compared to its average volume of 810,990. The company has a market cap of $9.14 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10. The firm has a 50-day simple moving average of $33.83 and a 200 day simple moving average of $32.15. Schwab Fundamental U.S. Small Company ETF has a fifty-two week low of $23.49 and a fifty-two week high of $35.31.

Schwab Fundamental U.S. Small Company ETF Company Profile

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.