Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Short Interest Up 473.1% in August

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 26,868 shares, a growth of 473.1% from the July 30th total of 4,688 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 73,029 shares, the days-to-cover ratio is presently 0.4 days.

Schwab Fundamental International Small Equity ETF Price Performance

FNDC traded up $0.18 on Thursday, reaching $51.49. 69,561 shares of the stock were exchanged, compared to its average volume of 159,010. The company’s 50-day moving average price is $49.52 and its 200 day moving average price is $49.01. The firm has a market capitalization of $3.19 billion, a PE ratio of 13.87 and a beta of 0.75. Schwab Fundamental International Small Equity ETF has a fifty-two week low of $42.95 and a fifty-two week high of $51.63.

Hedge Funds Weigh In On Schwab Fundamental International Small Equity ETF

A number of institutional investors have recently bought and sold shares of FNDC. Focus Partners Wealth boosted its holdings in Schwab Fundamental International Small Equity ETF by 254.6% in the fourth quarter. Focus Partners Wealth now owns 504,392 shares of the company’s stock valued at $22,471,000 after purchasing an additional 362,134 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Schwab Fundamental International Small Equity ETF by 246.3% in the 2nd quarter. Jane Street Group LLC now owns 457,228 shares of the company’s stock valued at $19,226,000 after buying an additional 325,196 shares during the period. Citadel Advisors LLC boosted its stake in shares of Schwab Fundamental International Small Equity ETF by 512.1% in the third quarter. Citadel Advisors LLC now owns 340,229 shares of the company’s stock worth $15,144,000 after buying an additional 284,641 shares during the last quarter. MorganRosel Wealth Management LLC boosted its stake in shares of Schwab Fundamental International Small Equity ETF by 3,287.1% in the fourth quarter. MorganRosel Wealth Management LLC now owns 160,447 shares of the company’s stock worth $7,148,000 after buying an additional 155,710 shares during the last quarter. Finally, Vise Technologies Inc. grew its holdings in Schwab Fundamental International Small Equity ETF by 235.9% during the third quarter. Vise Technologies Inc. now owns 118,344 shares of the company’s stock worth $5,138,000 after acquiring an additional 83,117 shares during the period.

Schwab Fundamental International Small Equity ETF Company Profile

The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.