Schwab Fundamental International Equity ETF (NYSEARCA:FNDF) Short Interest Up 256.1% in May

Schwab Fundamental International Equity ETF (NYSEARCA:FNDFGet Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,434,903 shares, an increase of 256.1% from the May 14th total of 402,929 shares. Based on an average daily trading volume, of 1,354,392 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Schwab Fundamental International Equity ETF

Several institutional investors have recently bought and sold shares of FNDF. Financial Life Planners acquired a new stake in Schwab Fundamental International Equity ETF in the 1st quarter valued at $25,000. Navalign LLC acquired a new stake in Schwab Fundamental International Equity ETF in the 4th quarter valued at $26,000. JPL Wealth Management LLC acquired a new stake in Schwab Fundamental International Equity ETF in the 3rd quarter valued at $26,000. Golden State Wealth Management LLC increased its holdings in Schwab Fundamental International Equity ETF by 76.5% in the 4th quarter. Golden State Wealth Management LLC now owns 607 shares of the company’s stock valued at $27,000 after purchasing an additional 263 shares in the last quarter. Finally, Rialto Wealth Management LLC increased its holdings in Schwab Fundamental International Equity ETF by 95.6% in the 4th quarter. Rialto Wealth Management LLC now owns 628 shares of the company’s stock valued at $28,000 after purchasing an additional 307 shares in the last quarter.

Schwab Fundamental International Equity ETF Trading Up 0.4%

FNDF traded up $0.21 during trading on Friday, hitting $54.10. 1,022,785 shares of the company’s stock were exchanged, compared to its average volume of 1,694,124. Schwab Fundamental International Equity ETF has a 1 year low of $38.75 and a 1 year high of $55.17. The stock has a 50 day moving average price of $52.42 and a 200 day moving average price of $49.38. The firm has a market cap of $24.17 billion, a P/E ratio of 12.54 and a beta of 0.70.

About Schwab Fundamental International Equity ETF

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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.

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