Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Short Interest Down 90.9% in July

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 4,311 shares, a drop of 90.9% from the June 30th total of 47,488 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 95,103 shares, the short-interest ratio is presently 0.0 days.

Schwab Fundamental International Small Equity ETF Stock Performance

Shares of FNDC stock traded up $0.26 on Friday, reaching $48.63. 74,572 shares of the company were exchanged, compared to its average volume of 172,001. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 13.87 and a beta of 0.75. The business has a 50-day moving average price of $49.14 and a 200 day moving average price of $48.42. Schwab Fundamental International Small Equity ETF has a 1 year low of $41.77 and a 1 year high of $50.83.

Institutional Investors Weigh In On Schwab Fundamental International Small Equity ETF

Several institutional investors have recently bought and sold shares of FNDC. Allied Private Wealth LLC acquired a new position in shares of Schwab Fundamental International Small Equity ETF during the second quarter valued at approximately $26,000. Litman Gregory Wealth Management LLC acquired a new stake in shares of Schwab Fundamental International Small Equity ETF in the fourth quarter worth approximately $33,000. Ares Financial Consulting LLC purchased a new stake in shares of Schwab Fundamental International Small Equity ETF during the fourth quarter worth approximately $35,000. Palisade Asset Management LLC purchased a new stake in shares of Schwab Fundamental International Small Equity ETF during the third quarter worth approximately $43,000. Finally, US Bancorp DE raised its stake in Schwab Fundamental International Small Equity ETF by 1,623.3% in the 3rd quarter. US Bancorp DE now owns 1,034 shares of the company’s stock valued at $46,000 after purchasing an additional 974 shares during the last quarter.

About Schwab Fundamental International Small Equity ETF

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.