Schwab U.S. REIT ETF (NYSEARCA:SCHH) Short Interest Down 55.9% in August

Schwab U.S. REIT ETF (NYSEARCA:SCHH) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 530,539 shares, a drop of 55.9% from the August 15th total of 1,203,229 shares. Based on an average daily volume of 4,338,258 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Schwab U.S. REIT ETF Trading Down 0.3%

SCHH stock traded down $0.06 during trading on Tuesday, reaching $23.03. 8,575,109 shares of the stock were exchanged, compared to its average volume of 7,534,760. The business has a 50 day moving average price of $24.00 and a 200-day moving average price of $23.37. Schwab U.S. REIT ETF has a 1 year low of $20.63 and a 1 year high of $25.03. The firm has a market capitalization of $10.89 billion, a price-to-earnings ratio of 34.50 and a beta of 0.93.

Institutional Trading of Schwab U.S. REIT ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in SCHH. Envestnet Portfolio Solutions Inc. raised its position in Schwab U.S. REIT ETF by 6.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 8,916,100 shares of the company’s stock valued at $186,257,000 after purchasing an additional 557,970 shares in the last quarter. Dumac Inc. boosted its stake in shares of Schwab U.S. REIT ETF by 1.0% in the 1st quarter. Dumac Inc. now owns 7,929,093 shares of the company’s stock valued at $170,396,000 after buying an additional 82,351 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Schwab U.S. REIT ETF by 2.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,646,130 shares of the company’s stock worth $159,728,000 after buying an additional 199,277 shares in the last quarter. Cerity Partners LLC grew its position in shares of Schwab U.S. REIT ETF by 0.8% during the fourth quarter. Cerity Partners LLC now owns 2,655,805 shares of the company’s stock worth $55,480,000 after buying an additional 20,140 shares in the last quarter. Finally, Foster & Motley Inc. increased its stake in shares of Schwab U.S. REIT ETF by 2.5% during the first quarter. Foster & Motley Inc. now owns 990,058 shares of the company’s stock worth $21,276,000 after buying an additional 24,363 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.