Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Short Interest Down 93.7% in May

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDAGet Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 5,381 shares, a drop of 93.7% from the April 30th total of 85,848 shares. Based on an average trading volume of 4,226,527 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Schwab Fundamental U.S. Small Company ETF Trading Down 0.6%

Shares of FNDA stock traded down $0.23 on Friday, reaching $36.11. 459,242 shares of the company’s stock were exchanged, compared to its average volume of 1,144,786. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $27.24 and a 52 week high of $36.51. The stock has a market capitalization of $10.36 billion, a PE ratio of 17.12 and a beta of 1.05. The company’s fifty day simple moving average is $34.51 and its 200 day simple moving average is $33.37.

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

A number of institutional investors and hedge funds have recently modified their holdings of FNDA. Wellington Management Group LLP bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 3rd quarter worth approximately $15,153,000. HORAN Wealth LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 102.0% during the 1st quarter. HORAN Wealth LLC now owns 577,082 shares of the exchange traded fund’s stock worth $18,680,000 after acquiring an additional 291,350 shares during the last quarter. Mariner LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 61.6% during the 4th quarter. Mariner LLC now owns 518,355 shares of the exchange traded fund’s stock worth $16,333,000 after acquiring an additional 197,637 shares during the last quarter. Winter & Associates Inc. bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter worth approximately $6,044,000. Finally, Marble Wealth LLC bought a new stake in Schwab Fundamental U.S. Small Company ETF during the 4th quarter valued at $6,007,000.

About Schwab Fundamental U.S. Small Company ETF

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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.

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