Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sees Large Growth in Short Interest

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 248,684 shares, a growth of 348.5% from the December 15th total of 55,442 shares. Based on an average trading volume of 1,948,195 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,948,195 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in SCHE. Brandywine Oak Private Wealth LLC raised its holdings in Schwab Emerging Markets Equity ETF by 0.3% in the third quarter. Brandywine Oak Private Wealth LLC now owns 110,557 shares of the company’s stock valued at $3,689,000 after acquiring an additional 321 shares in the last quarter. Great Waters Wealth Management increased its position in shares of Schwab Emerging Markets Equity ETF by 3.7% in the 2nd quarter. Great Waters Wealth Management now owns 9,425 shares of the company’s stock valued at $284,000 after purchasing an additional 332 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in shares of Schwab Emerging Markets Equity ETF by 2.7% in the 2nd quarter. AdvisorNet Financial Inc now owns 13,001 shares of the company’s stock valued at $392,000 after purchasing an additional 345 shares in the last quarter. Cape Investment Advisory Inc. raised its holdings in shares of Schwab Emerging Markets Equity ETF by 0.3% in the 2nd quarter. Cape Investment Advisory Inc. now owns 118,319 shares of the company’s stock valued at $3,566,000 after purchasing an additional 346 shares in the last quarter. Finally, Brown Advisory Inc. lifted its position in shares of Schwab Emerging Markets Equity ETF by 1.6% during the 2nd quarter. Brown Advisory Inc. now owns 23,038 shares of the company’s stock worth $694,000 after purchasing an additional 358 shares during the last quarter.

Schwab Emerging Markets Equity ETF Trading Down 0.6%

SCHE traded down $0.21 on Tuesday, hitting $34.16. 953,355 shares of the company were exchanged, compared to its average volume of 1,368,140. Schwab Emerging Markets Equity ETF has a twelve month low of $24.11 and a twelve month high of $34.54. The company has a market cap of $11.96 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54. The firm has a 50-day moving average price of $33.22 and a two-hundred day moving average price of $32.45.

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.