Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Stock Short Interest Climbs 212.3%

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 327,792 shares, an increase of 212.3% from the October 15th total of 104,944 shares. Based on an average trading volume of 2,316,696 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Schwab Fundamental U.S. Small Company ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Texas Yale Capital Corp. acquired a new stake in Schwab Fundamental U.S. Small Company ETF in the 3rd quarter valued at about $4,277,000. TIAA CREF Individual & Institutional Services LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 10.1% during the third quarter. TIAA CREF Individual & Institutional Services LLC now owns 11,588 shares of the exchange traded fund’s stock worth $406,000 after acquiring an additional 1,065 shares during the last quarter. Whittier Trust Co. purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the third quarter valued at about $317,000. Private Advisor Group LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the third quarter valued at about $6,136,000. Finally, Ieq Capital LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 7.6% in the third quarter. Ieq Capital LLC now owns 35,221 shares of the exchange traded fund’s stock valued at $1,233,000 after purchasing an additional 2,496 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.1%

Shares of NYSEARCA:FNDA traded up $0.04 during trading on Friday, hitting $36.21. 995,141 shares of the stock were exchanged, compared to its average volume of 1,242,790. The company has a fifty day moving average price of $35.90 and a two-hundred day moving average price of $35.68. The company has a market cap of $8.95 billion, a PE ratio of 17.08 and a beta of 1.06. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $29.31 and a 12-month high of $38.59.

About Schwab Fundamental U.S. Small Company ETF

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.