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

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 2,324,407 shares, an increase of 112.9% from the July 15th total of 1,091,852 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 1,461,090 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Schwab Fundamental International Equity ETF

Several large investors have recently bought and sold shares of FNDF. Auto Owners Insurance Co raised its holdings in shares of Schwab Fundamental International Equity ETF by 5,991.6% in the fourth quarter. Auto Owners Insurance Co now owns 164,655,400 shares of the company’s stock worth $7,444,071,000 after buying an additional 161,952,400 shares during the last quarter. Morgan Stanley grew its holdings in shares of Schwab Fundamental International Equity ETF by 39.2% during the fourth quarter. Morgan Stanley now owns 8,650,706 shares of the company’s stock valued at $391,098,000 after buying an additional 2,435,053 shares during the last quarter. Bank of America Corp DE increased its position in shares of Schwab Fundamental International Equity ETF by 2.8% in the 1st quarter. Bank of America Corp DE now owns 8,329,856 shares of the company’s stock valued at $407,580,000 after acquiring an additional 229,730 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Schwab Fundamental International Equity ETF by 1.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,040,807 shares of the company’s stock valued at $259,513,000 after acquiring an additional 85,424 shares during the period. Finally, Wells Fargo & Company MN raised its stake in Schwab Fundamental International Equity ETF by 1.2% in the 4th quarter. Wells Fargo & Company MN now owns 5,983,471 shares of the company’s stock worth $270,513,000 after acquiring an additional 68,387 shares during the last quarter.

Schwab Fundamental International Equity ETF Stock Up 0.3%

Shares of FNDF traded up $0.19 during mid-day trading on Friday, hitting $55.66. 1,369,175 shares of the company traded hands, compared to its average volume of 1,603,824. Schwab Fundamental International Equity ETF has a 1-year low of $41.48 and a 1-year high of $55.85. The company has a market capitalization of $25.69 billion, a PE ratio of 12.54 and a beta of 0.71. The business has a 50 day moving average of $53.52 and a 200 day moving average of $51.87.

About Schwab Fundamental International Equity ETF

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.