Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Short Interest Update

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 20,796 shares, a decline of 98.9% from the December 31st total of 1,877,672 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,136,577 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,136,577 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

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

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Waddell & Associates LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 3.5% in the 3rd quarter. Waddell & Associates LLC now owns 2,782,250 shares of the exchange traded fund’s stock valued at $86,695,000 after acquiring an additional 92,817 shares during the period. Steele Capital Management Inc. increased its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 4.2% in the fourth quarter. Steele Capital Management Inc. now owns 2,047,126 shares of the exchange traded fund’s stock valued at $64,505,000 after purchasing an additional 81,671 shares during the last quarter. Prairiewood Capital LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 8.7% in the fourth quarter. Prairiewood Capital LLC now owns 1,989,955 shares of the exchange traded fund’s stock valued at $62,703,000 after purchasing an additional 158,837 shares during the period. Clarius Group LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 3.4% in the third quarter. Clarius Group LLC now owns 1,919,123 shares of the exchange traded fund’s stock valued at $59,800,000 after purchasing an additional 63,396 shares during the period. Finally, Vantagepoint Investment Advisers LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 3rd quarter worth about $48,804,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

FNDA stock traded up $0.18 during midday trading on Thursday, hitting $33.58. The company’s stock had a trading volume of 556,782 shares, compared to its average volume of 952,031. The company’s fifty day moving average price is $32.42 and its 200 day moving average price is $31.23. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $23.49 and a twelve month high of $34.54. The stock has a market capitalization of $9.58 billion, a P/E ratio of 17.12 and a beta of 1.10.

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.