Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Short Interest Update

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the target of a significant 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 trading volume, of 611,752 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 611,752 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. AlphaCore Capital LLC increased its holdings in Schwab Fundamental U.S. Small Company ETF by 2.2% in the third quarter. AlphaCore Capital LLC now owns 917,082 shares of the exchange traded fund’s stock valued at $28,576,000 after buying an additional 19,517 shares during the last quarter. Empower Advisory Group LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF during the 2nd quarter worth about $316,000. Avantax Advisory Services Inc. lifted its holdings in Schwab Fundamental U.S. Small Company ETF by 25.5% during the 2nd quarter. Avantax Advisory Services Inc. now owns 73,130 shares of the exchange traded fund’s stock worth $2,095,000 after buying an additional 14,861 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 3rd quarter worth about $48,804,000. Finally, QRG Capital Management Inc. boosted its position in shares of Schwab Fundamental U.S. Small Company ETF by 731.1% during the 3rd quarter. QRG Capital Management Inc. now owns 77,033 shares of the exchange traded fund’s stock worth $2,400,000 after acquiring an additional 67,764 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of FNDA stock traded down $0.12 during trading hours on Friday, reaching $32.01. 654,234 shares of the stock were exchanged, compared to its average volume of 810,990. The business’s fifty day moving average is $33.83 and its two-hundred day moving average is $32.15. The firm has a market capitalization of $9.14 billion, a P/E ratio of 17.12 and a beta of 1.10. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $23.49 and a 12-month 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.