Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) Stock Short Interest Report for October

Schwab Fundamental Emerging Markets Equity ETF (NYSEARCA:FNDE) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,800,497 shares, a growth of 62.0% from the September 30th total of 1,111,275 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,044,448 shares, the days-to-cover ratio is currently 0.9 days.

Schwab Fundamental Emerging Markets Equity ETF Trading Up 0.9%

FNDE stock traded up $0.35 during trading on Monday, hitting $40.92. The company had a trading volume of 556,241 shares, compared to its average volume of 1,312,653. The company has a fifty day moving average price of $42.21 and a two-hundred day moving average price of $40.48. The company has a market cap of $10.05 billion, a P/E ratio of 10.04 and a beta of 0.56. Schwab Fundamental Emerging Markets Equity ETF has a fifty-two week low of $34.99 and a fifty-two week high of $43.18.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Quantinno Capital Management LP lifted its holdings in Schwab Fundamental Emerging Markets Equity ETF by 25.5% in the first quarter. Quantinno Capital Management LP now owns 77,032 shares of the company’s stock valued at $2,947,000 after buying an additional 15,670 shares during the period. Integrated Wealth Concepts LLC bought a new position in Schwab Fundamental Emerging Markets Equity ETF in the second quarter valued at approximately $5,119,000. LFA Lugano Financial Advisors SA boosted its stake in Schwab Fundamental Emerging Markets Equity ETF by 57.0% in the first quarter. LFA Lugano Financial Advisors SA now owns 334,560 shares of the company’s stock valued at $12,800,000 after acquiring an additional 121,403 shares during the last quarter. January Capital Advisors LLC grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 778.5% during the 2nd quarter. January Capital Advisors LLC now owns 212,219 shares of the company’s stock worth $8,421,000 after acquiring an additional 188,063 shares during the period. Finally, Waverly Advisors LLC grew its holdings in Schwab Fundamental Emerging Markets Equity ETF by 18.6% during the 1st quarter. Waverly Advisors LLC now owns 93,914 shares of the company’s stock worth $3,593,000 after acquiring an additional 14,711 shares during the period.

Schwab Fundamental Emerging Markets Equity ETF Company Profile

The Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of emerging market stocks. Its selection and weighting are based on three fundamental factors: sales, cash flow, and dividends\u002Fbuybacks. FNDE was launched on Aug 15, 2013 and is managed by Charles Schwab.