Short Interest in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Expands By 161.6%

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 4,496,963 shares, an increase of 161.6% from the June 30th total of 1,718,973 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily volume of 3,054,556 shares, the days-to-cover ratio is presently 1.5 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. US Bancorp DE boosted its position in shares of Schwab Emerging Markets Equity ETF by 0.5% during the 4th quarter. US Bancorp DE now owns 6,543,475 shares of the company’s stock worth $214,299,000 after acquiring an additional 32,697 shares in the last quarter. Corient Private Wealth LLC raised its position in Schwab Emerging Markets Equity ETF by 176.4% during the second quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after purchasing an additional 1,679,145 shares in the last quarter. Morgan Stanley lifted its stake in Schwab Emerging Markets Equity ETF by 9.6% during the fourth quarter. Morgan Stanley now owns 2,324,707 shares of the company’s stock worth $76,134,000 after purchasing an additional 203,020 shares during the last quarter. Rebalance LLC lifted its stake in Schwab Emerging Markets Equity ETF by 4.5% during the fourth quarter. Rebalance LLC now owns 2,167,937 shares of the company’s stock worth $71,000,000 after purchasing an additional 92,510 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 1.9% in the 1st quarter. Sanctuary Advisors LLC now owns 1,909,261 shares of the company’s stock valued at $62,910,000 after purchasing an additional 36,013 shares in the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

SCHE traded up $0.26 on Monday, hitting $35.65. 2,735,454 shares of the stock were exchanged, compared to its average volume of 2,752,034. Schwab Emerging Markets Equity ETF has a 12 month low of $30.20 and a 12 month high of $37.40. The business has a 50-day moving average of $36.04 and a two-hundred day moving average of $35.07. The firm has a market capitalization of $12.45 billion, a price-to-earnings ratio of 15.58 and a beta of 0.58.

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.