Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Short Interest Down 34.6% in August

Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 1,519,271 shares, a decrease of 34.6% from the July 30th total of 2,324,407 shares. Based on an average daily volume of 1,420,567 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On Schwab Fundamental International Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Clune & Associates LTD. raised its stake in Schwab Fundamental International Equity ETF by 2.7% during the fourth quarter. Clune & Associates LTD. now owns 7,747 shares of the company’s stock worth $350,000 after acquiring an additional 204 shares in the last quarter. Signature Resources Capital Management LLC increased its position in Schwab Fundamental International Equity ETF by 17.4% during the 1st quarter. Signature Resources Capital Management LLC now owns 1,401 shares of the company’s stock worth $69,000 after purchasing an additional 208 shares in the last quarter. Front Row Advisors LLC increased its position in Schwab Fundamental International Equity ETF by 3.7% during the 4th quarter. Front Row Advisors LLC now owns 5,924 shares of the company’s stock worth $268,000 after purchasing an additional 210 shares in the last quarter. World Investment Advisors lifted its stake in Schwab Fundamental International Equity ETF by 2.3% in the 1st quarter. World Investment Advisors now owns 9,404 shares of the company’s stock valued at $460,000 after purchasing an additional 212 shares during the last quarter. Finally, JMG Financial Group Ltd. boosted its position in Schwab Fundamental International Equity ETF by 2.1% in the first quarter. JMG Financial Group Ltd. now owns 10,526 shares of the company’s stock valued at $515,000 after buying an additional 213 shares in the last quarter.

Schwab Fundamental International Equity ETF Stock Performance

Shares of Schwab Fundamental International Equity ETF stock traded down $0.30 on Tuesday, reaching $55.27. 2,241,170 shares of the stock were exchanged, compared to its average volume of 1,602,353. The firm has a market cap of $25.51 billion, a PE ratio of 12.54 and a beta of 0.71. The firm’s 50 day moving average is $53.92 and its 200-day moving average is $52.38. Schwab Fundamental International Equity ETF has a one year low of $41.48 and a one year high of $55.97.

About Schwab Fundamental International Equity ETF

The Schwab Fundamental International Large Company Index ETF (FNDF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large firms from developed markets ex-US. The fund selects and weights using fundamental factors. FNDF was launched on Aug 15, 2013 and is managed by Charles Schwab.