Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Sees Significant Growth in Short Interest

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 698,698 shares, a growth of 79.1% from the May 14th total of 390,164 shares. Based on an average daily volume of 323,131 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.6% of the shares of the stock are sold short.

Hedge Funds Weigh In On Schwab International Small-Cap Equity ETF

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in shares of Schwab International Small-Cap Equity ETF in the 4th quarter worth about $72,177,000. TIAA Trust National Association lifted its holdings in shares of Schwab International Small-Cap Equity ETF by 15.2% in the 4th quarter. TIAA Trust National Association now owns 4,177,112 shares of the company’s stock worth $190,184,000 after acquiring an additional 550,585 shares during the last quarter. Redwood Investment Management LLC lifted its holdings in shares of Schwab International Small-Cap Equity ETF by 129.3% in the 2nd quarter. Redwood Investment Management LLC now owns 522,438 shares of the company’s stock worth $22,251,000 after acquiring an additional 294,605 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Schwab International Small-Cap Equity ETF by 23.9% in the 2nd quarter. Corient Private Wealth LLC now owns 1,439,930 shares of the company’s stock worth $61,327,000 after acquiring an additional 277,694 shares during the last quarter. Finally, Vident Advisory LLC bought a new stake in shares of Schwab International Small-Cap Equity ETF in the 2nd quarter worth about $10,388,000.

Schwab International Small-Cap Equity ETF Stock Down 0.0%

SCHC stock opened at $50.18 on Wednesday. Schwab International Small-Cap Equity ETF has a 52 week low of $40.68 and a 52 week high of $51.78. The company has a fifty day simple moving average of $49.92 and a two-hundred day simple moving average of $48.38. The firm has a market capitalization of $5.57 billion, a P/E ratio of 16.25 and a beta of 0.90.

Schwab International Small-Cap Equity ETF Company Profile

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.