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

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

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Several large investors have recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors bought a new stake in shares of Schwab Fundamental International Equity ETF in the 2nd quarter valued at approximately $261,000. Vise Technologies Inc. bought a new stake in Schwab Fundamental International Equity ETF during the 2nd quarter valued at approximately $9,370,000. Capital Advantage Inc. raised its stake in Schwab Fundamental International Equity ETF by 1.2% during the 3rd 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. Boyce & Associates Wealth Consulting Inc. acquired a new stake in Schwab Fundamental International Equity ETF during the third quarter worth about $781,000. Finally, Geneos Wealth Management Inc. boosted its stake in Schwab Fundamental International Equity ETF by 38.2% during the second quarter. Geneos Wealth Management Inc. now owns 634,967 shares of the company’s stock worth $25,411,000 after buying an additional 175,391 shares in the last quarter.

Schwab Fundamental International Equity ETF Stock Performance

Shares of FNDF stock traded up $0.06 during trading hours on Friday, hitting $47.21. 1,097,483 shares of the company were exchanged, compared to its average volume of 1,272,062. The business’s 50-day simple moving average is $45.17 and its two-hundred day simple moving average is $43.24. Schwab Fundamental International Equity ETF has a one year low of $31.92 and a one year high of $47.30. The stock has a market capitalization of $20.42 billion, a price-to-earnings ratio of 12.54 and a beta of 0.79.

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.