Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Shares Shorted: Short Interest Down 51.4% in September

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 71,365 shares, a decrease of 51.4% from the August 31st total of 146,941 shares. Based on an average trading volume of 2,345,457 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Schwab Fundamental U.S. Small Company ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Waddell & Associates LLC lifted its position in shares of Schwab Fundamental U.S. Small Company ETF by 1.5% during the 4th quarter. Waddell & Associates LLC now owns 2,823,762 shares of the exchange traded fund’s stock worth $88,977,000 after purchasing an additional 41,512 shares during the last quarter. Prairiewood Capital LLC lifted its holdings in Schwab Fundamental U.S. Small Company ETF by 3.2% during the 1st quarter. Prairiewood Capital LLC now owns 2,053,795 shares of the exchange traded fund’s stock worth $66,605,000 after buying an additional 63,840 shares during the last quarter. Riverpoint Wealth Management Holdings LLC boosted its position in shares of Schwab Fundamental U.S. Small Company ETF by 1.3% during the 1st quarter. Riverpoint Wealth Management Holdings LLC now owns 1,157,772 shares of the exchange traded fund’s stock worth $37,547,000 after acquiring an additional 14,946 shares in the last quarter. Solitude Financial Services boosted its position in shares of Schwab Fundamental U.S. Small Company ETF by 3.0% during the 1st quarter. Solitude Financial Services now owns 1,029,893 shares of the exchange traded fund’s stock worth $35,573,000 after acquiring an additional 30,300 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 1.4% in the 1st quarter. Bank of America Corp DE now owns 900,070 shares of the exchange traded fund’s stock valued at $29,189,000 after acquiring an additional 12,819 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of NYSEARCA:FNDA traded down $0.08 during mid-day trading on Tuesday, reaching $35.19. 3,261,360 shares of the company were exchanged, compared to its average volume of 1,051,354. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $29.31 and a 1 year high of $38.59. The firm’s 50-day simple moving average is $37.12 and its 200 day simple moving average is $35.99. The firm has a market cap of $8.64 billion, a price-to-earnings ratio of 17.12 and a beta of 1.03.

Schwab Fundamental U.S. Small Company ETF Company Profile

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.