Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Stock Short Interest Climbs 1,634.3%

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 248,874 shares, an increase of 1,634.3% from the August 31st total of 14,350 shares. Based on an average daily trading volume, of 108,966 shares, the short-interest ratio is presently 2.3 days. Approximately 0.4% of the company’s stock are short sold.

Schwab Fundamental International Small Equity ETF Stock Down 0.5%

Shares of NYSEARCA FNDC traded down $0.24 during trading hours on Thursday, hitting $49.97. 97,527 shares of the stock were exchanged, compared to its average volume of 152,460. Schwab Fundamental International Small Equity ETF has a 12 month low of $42.95 and a 12 month high of $51.83. The firm has a fifty day moving average price of $50.42 and a 200-day moving average price of $49.24. The company has a market cap of $3.20 billion, a PE ratio of 13.87 and a beta of 0.76.

Hedge Funds Weigh In On Schwab Fundamental International Small Equity ETF

A number of large investors have recently made changes to their positions in the business. Anchor Investment Management LLC boosted its position in shares of Schwab Fundamental International Small Equity ETF by 234.0% in the 2nd quarter. Anchor Investment Management LLC now owns 1,002 shares of the company’s stock worth $49,000 after purchasing an additional 702 shares in the last quarter. Cherry Tree Wealth Management LLC increased its position in Schwab Fundamental International Small Equity ETF by 8.7% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 195,984 shares of the company’s stock valued at $9,517,000 after buying an additional 15,672 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in Schwab Fundamental International Small Equity ETF by 3.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,166 shares of the company’s stock valued at $591,000 after buying an additional 372 shares in the last quarter. Waverly Advisors LLC raised its stake in Schwab Fundamental International Small Equity ETF by 11.6% in the second quarter. Waverly Advisors LLC now owns 6,009 shares of the company’s stock valued at $292,000 after buying an additional 627 shares during the last quarter. Finally, Asset Allocation Strategies LLC raised its stake in Schwab Fundamental International Small Equity ETF by 2.2% in the second quarter. Asset Allocation Strategies LLC now owns 33,574 shares of the company’s stock valued at $1,630,000 after buying an additional 731 shares during the last quarter.

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.