Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Update

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,746,382 shares, a growth of 75.0% from the May 31st total of 997,799 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 3,489,143 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. US Bancorp DE raised its position in Schwab Emerging Markets Equity ETF by 0.5% in the fourth quarter. US Bancorp DE now owns 6,543,475 shares of the company’s stock valued at $214,299,000 after purchasing an additional 32,697 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of 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 worth $79,305,000 after purchasing an additional 1,679,145 shares during the last quarter. Morgan Stanley grew its holdings in shares of 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 increased its stake in shares of Schwab Emerging Markets Equity ETF by 4.5% in the fourth quarter. Rebalance LLC now owns 2,167,937 shares of the company’s stock valued at $71,000,000 after buying an additional 92,510 shares during the period. Finally, Orgel Wealth Management LLC increased its stake in shares of Schwab Emerging Markets Equity ETF by 1.7% in the fourth quarter. Orgel Wealth Management LLC now owns 2,002,676 shares of the company’s stock valued at $65,588,000 after buying an additional 33,631 shares during the period.

Schwab Emerging Markets Equity ETF Price Performance

SCHE stock opened at $35.99 on Thursday. The business’s fifty day moving average price is $36.06 and its two-hundred day moving average price is $34.67. The stock has a market capitalization of $12.54 billion, a price-to-earnings ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a fifty-two week low of $30.07 and a fifty-two week high of $37.40.

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.