Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Short Interest Up 72.5% in March

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 122,852 shares, an increase of 72.5% from the February 26th total of 71,233 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 802,131 shares, the short-interest ratio is currently 0.2 days.

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

Several institutional investors have recently made changes to their positions in the stock. Phillips Financial Management LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at about $26,000. Russell Investments Group Ltd. grew its position in Schwab Fundamental U.S. Small Company ETF by 94.3% during the fourth quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 410 shares during the period. Cullen Frost Bankers Inc. acquired a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter worth about $28,000. Osbon Capital Management LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF in the fourth quarter valued at about $28,000. Finally, Smartleaf Asset Management LLC increased its stake in Schwab Fundamental U.S. Small Company ETF by 214.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 654 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Down 1.5%

Shares of Schwab Fundamental U.S. Small Company ETF stock traded down $0.49 during trading on Friday, reaching $31.85. The company’s stock had a trading volume of 848,750 shares, compared to its average volume of 807,050. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $23.49 and a 12-month high of $35.31. The company has a market capitalization of $9.09 billion, a P/E ratio of 17.12 and a beta of 1.10. The business has a 50 day moving average price of $33.68 and a 200-day moving average price of $32.21.

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.