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

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 508,395 shares, a drop of 66.5% from the August 15th total of 1,519,271 shares. Based on an average daily trading volume, of 1,523,564 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Clune & Associates LTD. grew its position in shares of Schwab Fundamental International Equity ETF by 2.7% during the 4th quarter. Clune & Associates LTD. now owns 7,747 shares of the company’s stock worth $350,000 after buying an additional 204 shares in the last quarter. Signature Resources Capital Management LLC increased its stake in shares of Schwab Fundamental International Equity ETF by 17.4% during the first quarter. Signature Resources Capital Management LLC now owns 1,401 shares of the company’s stock valued at $69,000 after buying an additional 208 shares during the period. World Investment Advisors raised its holdings in shares of Schwab Fundamental International Equity ETF by 2.3% in the first quarter. World Investment Advisors now owns 9,404 shares of the company’s stock valued at $460,000 after acquiring an additional 212 shares in the last quarter. JMG Financial Group Ltd. raised its holdings in shares of Schwab Fundamental International Equity ETF by 2.1% in the first quarter. JMG Financial Group Ltd. now owns 10,526 shares of the company’s stock valued at $515,000 after acquiring an additional 213 shares in the last quarter. Finally, Apella Capital LLC lifted its stake in Schwab Fundamental International Equity ETF by 2.8% in the second quarter. Apella Capital LLC now owns 8,211 shares of the company’s stock worth $435,000 after acquiring an additional 222 shares during the period.

Schwab Fundamental International Equity ETF Stock Down 0.9%

NYSEARCA FNDF traded down $0.53 on Monday, hitting $55.30. The company’s stock had a trading volume of 1,653,479 shares, compared to its average volume of 1,642,036. The company’s 50-day moving average is $54.50 and its 200 day moving average is $52.66. The firm has a market cap of $25.53 billion, a PE ratio of 12.54 and a beta of 0.71. Schwab Fundamental International Equity ETF has a 1-year low of $42.32 and a 1-year high of $56.47.

Schwab Fundamental International Equity ETF Company Profile

The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large firms from developed markets ex-US. The fund selects and weights using fundamental factors. FNDF was launched on Aug 15, 2013 and is managed by Charles Schwab.