Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Short Interest Update

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 14,350 shares, a drop of 46.6% from the August 15th total of 26,868 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 94,682 shares, the short-interest ratio is presently 0.2 days.

Schwab Fundamental International Small Equity ETF Stock Down 0.3%

FNDC stock traded down $0.16 during midday trading on Tuesday, reaching $50.56. The stock had a trading volume of 81,195 shares, compared to its average volume of 155,287. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 13.87 and a beta of 0.76. Schwab Fundamental International Small Equity ETF has a twelve month low of $42.95 and a twelve month high of $51.83. The business has a fifty day simple moving average of $50.12 and a two-hundred day simple moving average of $49.15.

Institutional Investors Weigh In On Schwab Fundamental International Small Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of FNDC. Prairiewood Capital LLC boosted its stake in Schwab Fundamental International Small Equity ETF by 4.6% in the first quarter. Prairiewood Capital LLC now owns 301,819 shares of the company’s stock valued at $13,992,000 after acquiring an additional 13,238 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Schwab Fundamental International Small Equity ETF by 63.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 39,449 shares of the company’s stock valued at $1,757,000 after acquiring an additional 15,319 shares during the last quarter. BFI Wealth Solutions LLC acquired a new position in shares of Schwab Fundamental International Small Equity ETF in the 4th quarter valued at $2,529,000. Cherry Tree Wealth Management LLC lifted its stake in shares of Schwab Fundamental International Small Equity ETF by 8.7% in the 2nd quarter. Cherry Tree Wealth Management LLC now owns 195,984 shares of the company’s stock valued at $9,517,000 after purchasing an additional 15,672 shares during the period. Finally, Ballast Financial Advisors LLC bought a new position in shares of Schwab Fundamental International Small Equity ETF in the 4th quarter worth $875,000.

About Schwab Fundamental International Small Equity ETF

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.