Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Short Interest Up 114.7% in January

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 44,641 shares, an increase of 114.7% from the January 15th total of 20,796 shares. Based on an average daily trading volume, of 759,520 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 759,520 shares, the days-to-cover ratio is presently 0.1 days.

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

Several institutional investors have recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in Schwab Fundamental U.S. Small Company ETF by 97.5% in the fourth quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock worth $379,000 after buying an additional 6,299 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter worth $256,000. Royal Bank of Canada increased its stake in shares of Schwab Fundamental U.S. Small Company ETF by 58.3% during the 1st quarter. Royal Bank of Canada now owns 104,110 shares of the exchange traded fund’s stock worth $2,852,000 after purchasing an additional 38,354 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 1st quarter valued at $711,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 1st quarter valued at $274,000.

Schwab Fundamental U.S. Small Company ETF Stock Down 1.9%

Schwab Fundamental U.S. Small Company ETF stock opened at $34.20 on Friday. Schwab Fundamental U.S. Small Company ETF has a 12 month low of $23.49 and a 12 month high of $35.31. The company’s fifty day simple moving average is $33.00 and its 200-day simple moving average is $31.55. The stock has a market cap of $9.77 billion, a P/E ratio of 17.12 and a beta of 1.10.

Schwab Fundamental U.S. Small Company ETF Company Profile

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.