Schwab International Equity ETF (NYSEARCA:SCHF) Sees Large Growth in Short Interest

Schwab International Equity ETF (NYSEARCA:SCHF) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 19,289,562 shares, an increase of 246.8% from the September 15th total of 5,562,863 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,293,078 shares, the short-interest ratio is currently 2.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SCHF. Glen Eagle Advisors LLC lifted its position in Schwab International Equity ETF by 16.5% during the first quarter. Glen Eagle Advisors LLC now owns 2,688 shares of the company’s stock worth $67,000 after buying an additional 380 shares in the last quarter. New England Private Wealth Advisors LLC grew its holdings in Schwab International Equity ETF by 1.6% in the 4th quarter. New England Private Wealth Advisors LLC now owns 23,745 shares of the company’s stock valued at $571,000 after buying an additional 385 shares in the last quarter. Westmount Partners LLC grew its holdings in Schwab International Equity ETF by 0.6% in the 1st quarter. Westmount Partners LLC now owns 60,797 shares of the company’s stock valued at $1,505,000 after buying an additional 386 shares in the last quarter. Ehrlich Financial Group increased its stake in shares of Schwab International Equity ETF by 1.3% in the 2nd quarter. Ehrlich Financial Group now owns 32,206 shares of the company’s stock worth $892,000 after acquiring an additional 400 shares during the last quarter. Finally, Elevation Wealth Partners LLC increased its stake in shares of Schwab International Equity ETF by 1.2% in the 3rd quarter. Elevation Wealth Partners LLC now owns 34,108 shares of the company’s stock worth $937,000 after acquiring an additional 404 shares during the last quarter.

Schwab International Equity ETF Price Performance

SCHF traded up $0.18 on Friday, reaching $27.27. 6,577,396 shares of the company’s stock were exchanged, compared to its average volume of 9,831,750. Schwab International Equity ETF has a twelve month low of $22.96 and a twelve month high of $28.68. The stock has a market cap of $67.64 billion, a PE ratio of 16.14 and a beta of 0.83. The stock’s fifty day moving average price is $28.01 and its 200-day moving average price is $27.26.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.