Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Short Interest Down 98.9% in January

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 20,796 shares, a decrease of 98.9% from the December 31st total of 1,877,672 shares. Based on an average daily trading volume, of 1,136,577 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,136,577 shares, the short-interest ratio is presently 0.0 days.

Schwab Fundamental U.S. Small Company ETF Stock Down 0.4%

FNDA traded down $0.14 during trading hours on Wednesday, hitting $33.49. The stock had a trading volume of 392,880 shares, compared to its average volume of 944,452. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $23.49 and a 1 year high of $34.54. The company’s fifty day simple moving average is $32.26 and its 200 day simple moving average is $31.19. The stock has a market cap of $9.56 billion, a PE ratio of 17.12 and a beta of 1.10.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FNDA. Empower Advisory Group LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter worth approximately $316,000. Avantax Advisory Services Inc. grew its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 25.5% during the 2nd quarter. Avantax Advisory Services Inc. now owns 73,130 shares of the exchange traded fund’s stock valued at $2,095,000 after purchasing an additional 14,861 shares during the last quarter. QRG Capital Management Inc. grew its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 9.7% during the 2nd quarter. QRG Capital Management Inc. now owns 9,269 shares of the exchange traded fund’s stock valued at $266,000 after purchasing an additional 817 shares during the last quarter. Harbour Investments Inc. raised its position in Schwab Fundamental U.S. Small Company ETF by 19.2% in the 2nd quarter. Harbour Investments Inc. now owns 22,193 shares of the exchange traded fund’s stock worth $636,000 after purchasing an additional 3,569 shares during the period. Finally, Apollon Wealth Management LLC lifted its stake in Schwab Fundamental U.S. Small Company ETF by 1.9% in the second quarter. Apollon Wealth Management LLC now owns 91,908 shares of the exchange traded fund’s stock worth $2,633,000 after purchasing an additional 1,730 shares during the last quarter.

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.