Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Stock Short Interest Declines 73.4%

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 104,944 shares, a decline of 73.4% from the September 30th total of 394,939 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,529,949 shares, the days-to-cover ratio is currently 0.0 days.

Schwab Fundamental U.S. Small Company ETF Stock Down 0.3%

Shares of Schwab Fundamental U.S. Small Company ETF stock traded down $0.11 on Wednesday, reaching $35.84. The stock had a trading volume of 763,985 shares, compared to its average volume of 1,187,736. The stock has a market capitalization of $8.86 billion, a P/E ratio of 17.12 and a beta of 1.05. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $29.31 and a 1 year high of $38.59. The company has a 50 day moving average price of $36.19 and a 200 day moving average price of $35.53.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Balance Wealth Partners LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF during the 3rd quarter valued at about $42,000. Ashton Thomas Securities LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the third quarter worth about $79,000. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the third quarter worth about $47,472,000. Solitude Financial Services boosted its position in Schwab Fundamental U.S. Small Company ETF by 1.0% in the third quarter. Solitude Financial Services now owns 1,057,189 shares of the exchange traded fund’s stock valued at $37,002,000 after buying an additional 10,342 shares during the last quarter. Finally, Apollon Wealth Management LLC boosted its position in Schwab Fundamental U.S. Small Company ETF by 10.1% in the third quarter. Apollon Wealth Management LLC now owns 89,905 shares of the exchange traded fund’s stock valued at $3,147,000 after buying an additional 8,224 shares during the last quarter.

About Schwab Fundamental U.S. Small Company ETF

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.