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

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 68,445 shares, a growth of 461.0% from the April 30th total of 12,200 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 647,348 shares, the short-interest ratio is currently 0.1 days.

Schwab Fundamental International Small Equity ETF Price Performance

Shares of NYSEARCA:FNDC traded up $0.08 during midday trading on Thursday, hitting $50.22. The company had a trading volume of 81,506 shares, compared to its average volume of 200,077. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 13.87 and a beta of 0.75. Schwab Fundamental International Small Equity ETF has a 12-month low of $39.97 and a 12-month high of $50.83. The company has a fifty day moving average of $48.46 and a two-hundred day moving average of $47.10.

Institutional Investors Weigh In On Schwab Fundamental International Small Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of FNDC. Quantinno Capital Management LP increased its stake in Schwab Fundamental International Small Equity ETF by 55.7% in the 1st quarter. Quantinno Capital Management LP now owns 18,189 shares of the company’s stock worth $843,000 after buying an additional 6,508 shares in the last quarter. Waverly Advisors LLC purchased a new stake in Schwab Fundamental International Small Equity ETF in the 1st quarter worth $250,000. Compound Planning Inc. increased its stake in Schwab Fundamental International Small Equity ETF by 18.4% in the 1st quarter. Compound Planning Inc. now owns 7,090 shares of the company’s stock worth $329,000 after buying an additional 1,104 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in Schwab Fundamental International Small Equity ETF in the 1st quarter worth $111,000. Finally, Cetera Investment Advisers increased its stake in Schwab Fundamental International Small Equity ETF by 7.6% in the 1st quarter. Cetera Investment Advisers now owns 9,773 shares of the company’s stock worth $453,000 after buying an additional 688 shares in 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.