Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Stock Short Interest Report for October

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 327,792 shares, a growth of 212.3% from the October 15th total of 104,944 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 2,316,696 shares, the days-to-cover ratio is currently 0.1 days.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Steele Capital Management Inc. bought a new position in Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth approximately $76,213,000. Prairiewood Capital LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 3.9% in the 3rd quarter. Prairiewood Capital LLC now owns 2,170,316 shares of the exchange traded fund’s stock valued at $75,961,000 after acquiring an additional 82,062 shares during the period. Vantagepoint Investment Advisers LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF during the third quarter worth $47,472,000. Moller Wealth Partners acquired a new position in Schwab Fundamental U.S. Small Company ETF in the third quarter valued at about $43,342,000. Finally, Riverpoint Wealth Management Holdings LLC grew its position in shares of Schwab Fundamental U.S. Small Company ETF by 1.1% in the 3rd quarter. Riverpoint Wealth Management Holdings LLC now owns 1,186,899 shares of the exchange traded fund’s stock valued at $41,541,000 after purchasing an additional 12,518 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Schwab Fundamental U.S. Small Company ETF stock traded down $0.41 during trading hours on Thursday, hitting $36.17. 1,210,359 shares of the stock were exchanged, compared to its average volume of 1,243,926. The stock has a market capitalization of $8.94 billion, a P/E ratio of 17.08 and a beta of 1.06. Schwab Fundamental U.S. Small Company ETF has a 12 month low of $29.31 and a 12 month high of $38.59. The business’s 50-day moving average is $35.90 and its two-hundred day moving average is $35.68.

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.