Short Interest in Schwab U.S. REIT ETF (NYSEARCA:SCHH) Expands By 51.3%

Schwab U.S. REIT ETF (NYSEARCA:SCHHGet Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,800,000 shares, an increase of 51.3% from the August 31st total of 1,190,000 shares. Based on an average daily trading volume, of 8,039,300 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 8,039,300 shares, the short-interest ratio is presently 0.2 days.

Schwab U.S. REIT ETF Trading Down 1.0%

Shares of SCHH opened at $21.34 on Tuesday. Schwab U.S. REIT ETF has a 12 month low of $18.25 and a 12 month high of $23.42. The firm has a market cap of $8.31 billion, a PE ratio of 34.50 and a beta of 0.92. The stock has a fifty day moving average price of $21.33 and a 200-day moving average price of $21.14.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Financial Engines Advisors L.L.C. increased its position in shares of Schwab U.S. REIT ETF by 0.6% in the 1st quarter. Financial Engines Advisors L.L.C. now owns 54,164,614 shares of the company’s stock valued at $1,165,081,000 after acquiring an additional 337,472 shares during the period. US Bancorp DE boosted its position in Schwab U.S. REIT ETF by 2.4% in the second quarter. US Bancorp DE now owns 30,541,227 shares of the company’s stock valued at $646,258,000 after buying an additional 724,757 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in Schwab U.S. REIT ETF by 5.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,866,902 shares of the company’s stock worth $166,464,000 after buying an additional 385,927 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Schwab U.S. REIT ETF by 2.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,856,664 shares of the company’s stock worth $166,247,000 after buying an additional 200,077 shares during the period. Finally, Rational Advisors Inc. raised its position in Schwab U.S. REIT ETF by 7.4% during the 1st quarter. Rational Advisors Inc. now owns 1,772,703 shares of the company’s stock worth $38,131,000 after buying an additional 122,079 shares during the last quarter.

About Schwab U.S. REIT ETF

(Get Free Report)

The Schwab U.S. REIT ETF (SCHH) is an exchange-traded fund that is based on the Dow Jones Equity All REIT Capped index, a market-cap-weighted index of US real estate investment trusts, excluding mortgage REITs and hybrid REITs. SCHH was launched on Jan 13, 2011 and is managed by Charles Schwab.

Recommended Stories

Receive News & Ratings for Schwab U.S. REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.