Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Short Interest Down 26.6% in February

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) saw a large decline in short interest in February. As of February 27th, there was short interest totaling 2,201,963 shares, a decline of 26.6% from the February 12th total of 3,000,562 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 2,006,019 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 2,006,019 shares, the short-interest ratio is presently 1.1 days. Approximately 0.5% of the company’s stock are sold short.

Schwab Fundamental International Equity ETF Trading Down 0.9%

NYSEARCA:FNDF traded down $0.45 on Friday, reaching $47.97. 1,502,017 shares of the stock traded hands, compared to its average volume of 1,937,122. The company has a market capitalization of $20.88 billion, a price-to-earnings ratio of 12.54 and a beta of 0.79. Schwab Fundamental International Equity ETF has a 12 month low of $31.92 and a 12 month high of $52.94. The company’s fifty day simple moving average is $49.24 and its 200 day simple moving average is $45.75.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

A number of hedge funds have recently added to or reduced their stakes in FNDF. Clune & Associates LTD. lifted its position in Schwab Fundamental International Equity ETF by 2.7% in the 4th quarter. Clune & Associates LTD. now owns 7,747 shares of the company’s stock valued at $350,000 after acquiring an additional 204 shares in the last quarter. Front Row Advisors LLC raised its stake in shares of Schwab Fundamental International Equity ETF by 3.7% in the fourth quarter. Front Row Advisors LLC now owns 5,924 shares of the company’s stock worth $268,000 after purchasing an additional 210 shares during the last quarter. Private Trust Co. NA raised its stake in shares of Schwab Fundamental International Equity ETF by 10.7% in the fourth quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock worth $100,000 after purchasing an additional 213 shares during the last quarter. William Howard & Co Financial Advisors Inc lifted its holdings in shares of Schwab Fundamental International Equity ETF by 3.0% during the fourth quarter. William Howard & Co Financial Advisors Inc now owns 7,822 shares of the company’s stock valued at $354,000 after purchasing an additional 229 shares in the last quarter. Finally, Crescent Sterling Ltd. lifted its holdings in shares of Schwab Fundamental International Equity ETF by 3.6% during the fourth quarter. Crescent Sterling Ltd. now owns 6,554 shares of the company’s stock valued at $296,000 after purchasing an additional 230 shares in the last quarter.

Schwab Fundamental International Equity ETF Company Profile

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.