Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Sees Significant Decrease in Short Interest

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 145,378 shares, a decrease of 89.9% from the November 30th total of 1,444,264 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,945,009 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 1,945,009 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Schwab Fundamental International Equity ETF Trading Up 0.3%

FNDF traded up $0.12 on Wednesday, hitting $45.21. 1,009,555 shares of the company’s stock traded hands, compared to its average volume of 1,413,079. The company’s 50 day simple moving average is $44.43 and its 200-day simple moving average is $42.48. The firm has a market cap of $18.74 billion, a price-to-earnings ratio of 12.54 and a beta of 0.79. Schwab Fundamental International Equity ETF has a one year low of $31.92 and a one year high of $45.90.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

Hedge funds have recently modified their holdings of the stock. Triumph Capital Management bought a new position in shares of Schwab Fundamental International Equity ETF during the third quarter worth $49,000. Allworth Financial LP lifted its stake in Schwab Fundamental International Equity ETF by 18.8% in the 3rd quarter. Allworth Financial LP now owns 6,537 shares of the company’s stock worth $281,000 after purchasing an additional 1,033 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of Schwab Fundamental International Equity ETF by 3.4% during the 3rd quarter. IFP Advisors Inc now owns 137,103 shares of the company’s stock valued at $5,890,000 after purchasing an additional 4,524 shares during the last quarter. Cherry Tree Wealth Management LLC boosted its holdings in shares of Schwab Fundamental International Equity ETF by 2.4% during the 3rd quarter. Cherry Tree Wealth Management LLC now owns 229,522 shares of the company’s stock valued at $9,860,000 after purchasing an additional 5,357 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in shares of Schwab Fundamental International Equity ETF by 12.4% during the third quarter. CIBC Private Wealth Group LLC now owns 19,005 shares of the company’s stock valued at $816,000 after purchasing an additional 2,099 shares in the last quarter.

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.