Short Interest in Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Increases By 1,361.8%

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 4,300,749 shares, an increase of 1,361.8% from the January 15th total of 294,211 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,118,155 shares, the short-interest ratio is presently 2.0 days. Based on an average daily trading volume, of 2,118,155 shares, the short-interest ratio is presently 2.0 days. Approximately 1.0% of the company’s shares are sold short.

Schwab Fundamental International Equity ETF Stock Up 0.4%

Shares of Schwab Fundamental International Equity ETF stock traded up $0.21 during trading hours on Tuesday, hitting $50.76. The company’s stock had a trading volume of 1,580,230 shares, compared to its average volume of 1,766,118. The business has a fifty day moving average of $46.65 and a 200 day moving average of $44.27. Schwab Fundamental International Equity ETF has a 1-year low of $31.92 and a 1-year high of $50.90. The company has a market capitalization of $22.10 billion, a PE ratio of 12.54 and a beta of 0.79.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

A number of institutional investors have recently made changes to their positions in FNDF. Envestnet Portfolio Solutions Inc. grew its holdings in Schwab Fundamental International Equity ETF by 13.8% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 183,059 shares of the company’s stock worth $7,864,000 after acquiring an additional 22,178 shares in the last quarter. Vise Technologies Inc. bought a new position in shares of Schwab Fundamental International Equity ETF during the second quarter worth about $9,370,000. Arkadios Wealth Advisors acquired a new position in Schwab Fundamental International Equity ETF in the second quarter worth about $261,000. Capital Advantage Inc. increased its holdings in Schwab Fundamental International Equity ETF by 1.2% in the third quarter. Capital Advantage Inc. now owns 1,061,452 shares of the company’s stock valued at $45,600,000 after buying an additional 12,241 shares during the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. acquired a new stake in Schwab Fundamental International Equity ETF during the third quarter valued at approximately $781,000.

About Schwab Fundamental International Equity ETF

The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large firms from developed markets ex-US. The fund selects and weights using fundamental factors. FNDF was launched on Aug 15, 2013 and is managed by Charles Schwab.