Schwab U.S. REIT ETF (NYSEARCA:SCHH) Sees Large Decrease in Short Interest

Schwab U.S. REIT ETF (NYSEARCA:SCHH) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 1,044,980 shares, a drop of 45.4% from the January 15th total of 1,915,069 shares. Based on an average daily volume of 10,201,453 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 10,201,453 shares, the short-interest ratio is currently 0.1 days.

Schwab U.S. REIT ETF Stock Up 1.4%

SCHH stock traded up $0.31 during trading on Friday, reaching $22.81. The stock had a trading volume of 9,749,785 shares, compared to its average volume of 9,830,215. The company has a market capitalization of $9.70 billion, a price-to-earnings ratio of 34.50 and a beta of 0.99. Schwab U.S. REIT ETF has a one year low of $18.25 and a one year high of $22.92. The company’s 50 day moving average is $21.29 and its two-hundred day moving average is $21.30.

Institutional Trading of Schwab U.S. REIT ETF

A number of hedge funds have recently bought and sold shares of SCHH. Swmg LLC grew its position in shares of Schwab U.S. REIT ETF by 4.8% in the fourth quarter. Swmg LLC now owns 10,212 shares of the company’s stock valued at $224,000 after purchasing an additional 471 shares in the last quarter. Independent Solutions Wealth Management LLC increased its position in shares of Schwab U.S. REIT ETF by 0.6% during the third quarter. Independent Solutions Wealth Management LLC now owns 81,689 shares of the company’s stock valued at $1,762,000 after buying an additional 501 shares during the period. Bigelow Investment Advisors LLC grew its stake in Schwab U.S. REIT ETF by 2.0% during the fourth quarter. Bigelow Investment Advisors LLC now owns 25,250 shares of the company’s stock valued at $527,000 after acquiring an additional 506 shares in the last quarter. Stableford Capital II LLC increased its holdings in Schwab U.S. REIT ETF by 2.5% during the 3rd quarter. Stableford Capital II LLC now owns 21,943 shares of the company’s stock worth $473,000 after acquiring an additional 527 shares during the period. Finally, Cullen Frost Bankers Inc. increased its holdings in Schwab U.S. REIT ETF by 73.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 1,270 shares of the company’s stock worth $27,000 after acquiring an additional 538 shares during the period.

About Schwab U.S. REIT ETF

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.