Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Short Interest Update

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 690,598 shares, a growth of 69.9% from the July 30th total of 406,471 shares. Based on an average daily trading volume, of 2,205,147 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA FNDX traded down $0.13 during trading hours on Monday, hitting $32.38. The company’s stock had a trading volume of 3,243,281 shares, compared to its average volume of 4,652,363. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $25.43 and a 12 month high of $32.85. The company’s 50 day simple moving average is $31.79 and its two-hundred day simple moving average is $30.25. The company has a market cap of $27.33 billion, a P/E ratio of 17.86 and a beta of 0.87.

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

A number of large investors have recently made changes to their positions in FNDX. Williams Financial LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth approximately $14,741,000. Millstone Evans Group LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at $1,160,000. Csenge Advisory Group grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 87.7% during the 4th quarter. Csenge Advisory Group now owns 76,281 shares of the company’s stock valued at $2,076,000 after acquiring an additional 35,646 shares during the period. Integrity Investment Advisors LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth $484,000. Finally, Prairiewood Capital LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.0% in the 1st quarter. Prairiewood Capital LLC now owns 1,914,777 shares of the company’s stock worth $53,327,000 after purchasing an additional 90,716 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Company Profile

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.