Short Interest in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Rises By 204.9%

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 146,941 shares, a growth of 204.9% from the August 15th total of 48,196 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 957,807 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FNDA. Johnson Bixby & Associates LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 39.2% during the 1st quarter. Johnson Bixby & Associates LLC now owns 298,854 shares of the exchange traded fund’s stock valued at $9,692,000 after acquiring an additional 84,221 shares in the last quarter. Solitude Financial Services increased its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 3.0% during the 1st quarter. Solitude Financial Services now owns 1,029,893 shares of the exchange traded fund’s stock valued at $35,573,000 after acquiring an additional 30,300 shares during the last quarter. Riverpoint Wealth Management Holdings LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 2.0% in the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 1,142,826 shares of the exchange traded fund’s stock valued at $36,010,000 after purchasing an additional 22,347 shares during the period. Foundations Investment Advisors LLC raised its holdings in Schwab Fundamental U.S. Small Company ETF by 15.1% in the 4th quarter. Foundations Investment Advisors LLC now owns 155,983 shares of the exchange traded fund’s stock worth $4,915,000 after acquiring an additional 20,448 shares during the period. Finally, Integrity Alliance LLC. lifted its position in shares of Schwab Fundamental U.S. Small Company ETF by 75.6% during the 4th quarter. Integrity Alliance LLC. now owns 125,473 shares of the exchange traded fund’s stock worth $3,954,000 after purchasing an additional 54,024 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of FNDA stock traded up $0.23 during mid-day trading on Friday, hitting $36.42. 1,950,176 shares of the stock traded hands, compared to its average volume of 970,500. The company’s 50-day simple moving average is $37.49 and its 200-day simple moving average is $35.85. The firm has a market cap of $8.94 billion, a price-to-earnings ratio of 17.12 and a beta of 1.03. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $29.31 and a twelve month high of $38.59.

About Schwab Fundamental U.S. Small Company ETF

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.