Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) Sees Significant Growth in Short Interest

Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 896 shares, an increase of 190.9% from the January 15th total of 308 shares. Based on an average daily volume of 8,311 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 8,311 shares, the days-to-cover ratio is currently 0.1 days.

Schwab Ariel Opportunities ETF Trading Down 1.1%

NYSEARCA:SAEF opened at $30.00 on Thursday. The company’s 50-day moving average price is $28.38 and its 200-day moving average price is $27.73. Schwab Ariel Opportunities ETF has a twelve month low of $21.02 and a twelve month high of $30.39. The company has a market cap of $25.80 million, a P/E ratio of 18.79 and a beta of 1.21.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. WFA of San Diego LLC purchased a new position in Schwab Ariel Opportunities ETF during the 2nd quarter valued at about $49,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Schwab Ariel Opportunities ETF by 4.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 269,371 shares of the company’s stock worth $7,411,000 after purchasing an additional 10,954 shares during the period. Finally, Flow Traders U.S. LLC raised its holdings in Schwab Ariel Opportunities ETF by 89.8% in the third quarter. Flow Traders U.S. LLC now owns 17,126 shares of the company’s stock valued at $479,000 after buying an additional 8,104 shares during the period.

About Schwab Ariel Opportunities ETF

The Schwab Ariel ESG ETF (SAEF) is an exchange-traded fund that is based on the Russell 2500 index. The fund is an actively-managed, non-transparent ETF that holds a portfolio of small- and mid-cap US firms screened for ESG criteria. The fund utilizes the Natixis\u002FNYSE non-transparent model. SAEF was launched on Nov 16, 2021 and is managed by Charles Schwab.