Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Short Interest Down 38.0% in March

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,364,526 shares, a drop of 38.0% from the February 26th total of 2,201,963 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 2,395,727 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Schwab Fundamental International Equity ETF

Large investors have recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. raised its stake in Schwab Fundamental International Equity ETF by 13.8% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 183,059 shares of the company’s stock worth $7,864,000 after buying an additional 22,178 shares during the period. Capital Advantage Inc. grew its stake in Schwab Fundamental International Equity ETF by 1.2% in the third quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock valued at $45,600,000 after acquiring an additional 12,241 shares during the period. Dynamic Advisor Solutions LLC grew its stake in Schwab Fundamental International Equity ETF by 3.8% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 713,497 shares of the company’s stock valued at $32,257,000 after acquiring an additional 26,369 shares during the period. Boyce & Associates Wealth Consulting Inc. acquired a new position in Schwab Fundamental International Equity ETF in the third quarter valued at about $781,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Schwab Fundamental International Equity ETF by 38.2% in the second quarter. Geneos Wealth Management Inc. now owns 634,967 shares of the company’s stock worth $25,411,000 after acquiring an additional 175,391 shares in the last quarter.

Schwab Fundamental International Equity ETF Price Performance

Shares of FNDF traded down $0.08 during trading hours on Friday, hitting $47.55. The stock had a trading volume of 1,056,084 shares, compared to its average volume of 1,874,536. The stock has a market capitalization of $20.70 billion, a price-to-earnings ratio of 12.54 and a beta of 0.79. The company’s fifty day moving average is $49.56 and its two-hundred day moving average is $46.12. Schwab Fundamental International Equity ETF has a 52 week low of $31.92 and a 52 week high of $52.94.

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.