Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDC) Sees Large Decrease in Short Interest

Schwab Fundamental International Small Equity ETF (NYSEARCA:FNDCGet Free Report) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 47,488 shares, a decrease of 60.7% from the June 15th total of 120,765 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 119,809 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Schwab Fundamental International Small Equity ETF

Several hedge funds have recently bought and sold shares of the stock. Allied Private Wealth LLC acquired a new position in shares of Schwab Fundamental International Small Equity ETF in the second quarter worth $26,000. Litman Gregory Wealth Management LLC acquired a new stake in shares of Schwab Fundamental International Small Equity ETF during the fourth quarter valued at $33,000. Ares Financial Consulting LLC purchased a new stake in Schwab Fundamental International Small Equity ETF during the 4th quarter worth about $35,000. Palisade Asset Management LLC purchased a new stake in Schwab Fundamental International Small Equity ETF during the 3rd quarter worth about $43,000. Finally, US Bancorp DE increased its position in Schwab Fundamental International Small Equity ETF by 1,623.3% during the 3rd quarter. US Bancorp DE now owns 1,034 shares of the company’s stock worth $46,000 after purchasing an additional 974 shares in the last quarter.

Schwab Fundamental International Small Equity ETF Price Performance

Shares of Schwab Fundamental International Small Equity ETF stock opened at $48.85 on Monday. Schwab Fundamental International Small Equity ETF has a 1 year low of $41.77 and a 1 year high of $50.83. The company has a market capitalization of $3.02 billion, a P/E ratio of 13.87 and a beta of 0.75. The business has a 50 day moving average price of $49.44 and a 200 day moving average price of $48.16.

About Schwab Fundamental International Small Equity ETF

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The Schwab Fundamental International Small Company Index ETF (FNDC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a fundamentally-selected and -weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends\u002Fbuybacks. FNDC was launched on Aug 15, 2013 and is managed by Charles Schwab.

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