Short Interest in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Increases By 36.4%

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 4,026,059 shares, an increase of 36.4% from the December 31st total of 2,952,500 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,265,890 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 5,265,890 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Trading of Schwab Fundamental U.S. Large Company ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 3.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock valued at $9,871,112,000 after buying an additional 12,903,364 shares during the last quarter. Keybank National Association OH raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% during the fourth quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock worth $225,618,000 after acquiring an additional 8,266,612 shares during the last quarter. AlphaCore Capital LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 24,845.4% during the second quarter. AlphaCore Capital LLC now owns 3,396,569 shares of the company’s stock valued at $83,352,000 after acquiring an additional 3,382,953 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 67.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after acquiring an additional 2,585,828 shares during the last quarter. Finally, Berman McAleer LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at about $25,914,000.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.1%

FNDX traded down $0.02 during trading on Friday, hitting $28.38. The company’s stock had a trading volume of 5,819,792 shares, compared to its average volume of 5,276,459. The stock has a market capitalization of $23.45 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The firm’s 50 day moving average price is $27.59 and its two-hundred day moving average price is $26.48. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $28.52.

About Schwab Fundamental U.S. Large Company ETF

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.