Short Interest in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Rises By 114.7%

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 44,641 shares, an increase of 114.7% from the January 15th total of 20,796 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 759,520 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 759,520 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Schwab Fundamental U.S. Small Company ETF Trading Up 1.1%

Schwab Fundamental U.S. Small Company ETF stock opened at $34.58 on Friday. The stock has a fifty day simple moving average of $33.06 and a two-hundred day simple moving average of $31.59. Schwab Fundamental U.S. Small Company ETF has a 12 month low of $23.49 and a 12 month high of $35.31. The firm has a market cap of $9.87 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10.

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

Large investors have recently bought and sold shares of the stock. Sowell Financial Services LLC increased its position in Schwab Fundamental U.S. Small Company ETF by 0.3% during the fourth quarter. Sowell Financial Services LLC now owns 114,859 shares of the exchange traded fund’s stock worth $3,619,000 after buying an additional 343 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 3.5% during the 4th quarter. Kestra Advisory Services LLC now owns 10,618 shares of the exchange traded fund’s stock worth $335,000 after purchasing an additional 362 shares during the last quarter. MCF Advisors LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 7.6% in the third quarter. MCF Advisors LLC now owns 5,697 shares of the exchange traded fund’s stock valued at $178,000 after buying an additional 403 shares during the last quarter. Comerica Bank lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 1.7% during the fourth quarter. Comerica Bank now owns 25,362 shares of the exchange traded fund’s stock valued at $799,000 after buying an additional 413 shares during the period. Finally, Midwest Trust Co grew its stake in Schwab Fundamental U.S. Small Company ETF by 5.4% in the 3rd quarter. Midwest Trust Co now owns 8,778 shares of the exchange traded fund’s stock worth $274,000 after acquiring an additional 450 shares during the period.

Schwab Fundamental U.S. Small Company ETF Company Profile

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.