Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Update

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 55,442 shares, a decline of 95.4% from the November 30th total of 1,198,469 shares. Based on an average daily volume of 2,102,539 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 2,102,539 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SCHE. PFS Partners LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the 3rd quarter valued at $25,000. Morton Brown Family Wealth LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 122.2% in the third quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock valued at $30,000 after buying an additional 490 shares in the last quarter. Manning & Napier Advisors LLC acquired a new stake in shares of Schwab Emerging Markets Equity ETF in the third quarter valued at about $35,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the 2nd quarter valued at about $32,000. Finally, Kiker Wealth Management LLC acquired a new position in Schwab Emerging Markets Equity ETF during the 3rd quarter worth approximately $36,000.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE traded down $0.04 on Thursday, reaching $32.68. 697,812 shares of the company’s stock were exchanged, compared to its average volume of 1,416,167. Schwab Emerging Markets Equity ETF has a twelve month low of $24.11 and a twelve month high of $34.54. The company’s 50 day moving average is $33.37 and its 200-day moving average is $32.10. The company has a market cap of $11.14 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54.

Schwab Emerging Markets Equity ETF Company Profile

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.