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 July. As of July 15th, there was short interest totaling 1,059,738 shares, a growth of 158.1% from the June 30th total of 410,576 shares. Based on an average trading volume of 2,592,968 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. increased its position in Schwab Fundamental U.S. Large Company ETF by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock valued at $11,249,790,000 after buying an additional 4,241,879 shares in the last quarter. Captrust Financial Advisors boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 25.7% in the fourth quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock worth $582,113,000 after acquiring an additional 4,370,263 shares in the last quarter. TradeWell Securities LLC. acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $346,153,000. Keybank National Association OH boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 50.2% in the first quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock worth $346,857,000 after acquiring an additional 4,162,731 shares in the last quarter. Finally, Boulay Financial Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 4.0% during the fourth quarter. Boulay Financial Advisors LLC now owns 9,126,260 shares of the company’s stock worth $248,326,000 after acquiring an additional 353,656 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX traded up $0.23 during trading on Tuesday, hitting $31.87. The stock had a trading volume of 2,544,988 shares, compared to its average volume of 5,042,503. The company has a market capitalization of $26.82 billion, a PE ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $24.27 and a twelve month high of $31.91. The stock has a 50 day simple moving average of $31.16 and a two-hundred day simple moving average of $29.61.

About Schwab Fundamental U.S. Large Company ETF

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.