Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Short Interest Update

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 161,153 shares, an increase of 135.4% from the May 14th total of 68,445 shares. Based on an average trading volume of 105,991 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.2% of the shares of the company are short sold.

Schwab Fundamental International Small Equity ETF Trading Up 0.3%

Shares of Schwab Fundamental International Small Equity ETF stock traded up $0.17 on Friday, reaching $49.69. 88,362 shares of the stock were exchanged, compared to its average volume of 190,645. Schwab Fundamental International Small Equity ETF has a 1-year low of $40.40 and a 1-year high of $50.83. The business has a fifty day moving average price of $49.31 and a two-hundred day moving average price of $47.55. The firm has a market capitalization of $3.33 billion, a PE ratio of 13.87 and a beta of 0.75.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FNDC. Focus Partners Wealth increased its stake in shares of Schwab Fundamental International Small Equity ETF by 254.6% during the fourth quarter. Focus Partners Wealth now owns 504,392 shares of the company’s stock worth $22,471,000 after acquiring an additional 362,134 shares during the period. Jane Street Group LLC increased its stake in shares of Schwab Fundamental International Small Equity ETF by 246.3% during the second quarter. Jane Street Group LLC now owns 457,228 shares of the company’s stock worth $19,226,000 after acquiring an additional 325,196 shares during the period. Citadel Advisors LLC increased its stake in shares of Schwab Fundamental International Small Equity ETF by 512.1% during the third quarter. Citadel Advisors LLC now owns 340,229 shares of the company’s stock worth $15,144,000 after acquiring an additional 284,641 shares during the period. CWM LLC increased its stake in shares of Schwab Fundamental International Small Equity ETF by 7,753.1% during the fourth quarter. CWM LLC now owns 208,029 shares of the company’s stock worth $9,268,000 after acquiring an additional 205,380 shares during the period. Finally, MorganRosel Wealth Management LLC increased its stake in shares of Schwab Fundamental International Small Equity ETF by 3,287.1% during the fourth quarter. MorganRosel Wealth Management LLC now owns 160,447 shares of the company’s stock worth $7,148,000 after acquiring an additional 155,710 shares during the period.

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.