Short Interest in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Declines By 85.7%

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 15,238 shares, a decrease of 85.7% from the March 31st total of 106,743 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 779,282 shares, the short-interest ratio is currently 0.0 days.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.5%

NYSEARCA FNDA traded up $0.17 during trading hours on Friday, reaching $35.50. 395,427 shares of the company traded hands, compared to its average volume of 798,035. The stock has a market capitalization of $10.18 billion, a PE ratio of 17.12 and a beta of 1.04. Schwab Fundamental U.S. Small Company ETF has a 12 month low of $25.73 and a 12 month high of $35.97. The company has a 50 day moving average of $33.64 and a two-hundred day moving average of $32.59.

Hedge Funds Weigh In On Schwab Fundamental U.S. Small Company ETF

A number of hedge funds have recently bought and sold shares of the company. Traub Capital Management LLC grew its stake in Schwab Fundamental U.S. Small Company ETF by 2.1% in the first quarter. Traub Capital Management LLC now owns 105,388 shares of the exchange traded fund’s stock worth $3,418,000 after purchasing an additional 2,125 shares in the last quarter. Asset Allocation Strategies LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 1.9% during the first quarter. Asset Allocation Strategies LLC now owns 86,235 shares of the exchange traded fund’s stock valued at $2,797,000 after buying an additional 1,603 shares in the last quarter. Apollon Wealth Management LLC lifted its holdings in Schwab Fundamental U.S. Small Company ETF by 27.1% during the 1st quarter. Apollon Wealth Management LLC now owns 77,186 shares of the exchange traded fund’s stock worth $2,503,000 after buying an additional 16,435 shares during the last quarter. Cornerstone Wealth Group LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 1st quarter worth approximately $460,000. Finally, Financial Architects LLC grew its position in shares of Schwab Fundamental U.S. Small Company ETF by 40.1% in the 1st quarter. Financial Architects LLC now owns 39,545 shares of the exchange traded fund’s stock worth $1,282,000 after acquiring an additional 11,320 shares in the last quarter.

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.