Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Down 39.8% in January

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 149,831 shares, a decline of 39.8% from the December 31st total of 248,684 shares. Based on an average daily volume of 1,506,584 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,506,584 shares, the days-to-cover ratio is currently 0.1 days.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of SCHE stock traded down $0.77 on Friday, reaching $34.39. The stock had a trading volume of 4,034,306 shares, compared to its average volume of 1,859,830. Schwab Emerging Markets Equity ETF has a 1 year low of $24.11 and a 1 year high of $35.47. The stock has a market cap of $12.04 billion, a P/E ratio of 15.58 and a beta of 0.54. The company has a 50 day simple moving average of $33.47 and a 200 day simple moving average of $32.85.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Hedge funds have recently made changes to their positions in the business. PFS Partners LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF during the 3rd quarter worth approximately $25,000. Lodestone Wealth Management LLC bought a new stake in Schwab Emerging Markets Equity ETF in the fourth quarter worth $28,000. Financial Consulate Inc. raised its stake in Schwab Emerging Markets Equity ETF by 222.7% during the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after purchasing an additional 599 shares in the last quarter. Morton Brown Family Wealth LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 122.2% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock valued at $30,000 after acquiring an additional 490 shares during the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in Schwab Emerging Markets Equity ETF during the third quarter worth approximately $35,000.

About Schwab Emerging Markets Equity ETF

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.