Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Short Interest Down 77.0% in February

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) saw a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 207,905 shares, a decline of 77.0% from the February 12th total of 905,584 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 769,733 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 769,733 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On Schwab International Dividend Equity ETF

Several large investors have recently modified their holdings of SCHY. Optima Capital LLC acquired a new stake in Schwab International Dividend Equity ETF during the 4th quarter worth about $30,000. Franklin Resources Inc. acquired a new position in shares of Schwab International Dividend Equity ETF in the 4th quarter valued at about $49,000. Biltmore Family Office LLC bought a new stake in shares of Schwab International Dividend Equity ETF during the 4th quarter valued at about $51,000. International Assets Investment Management LLC bought a new stake in shares of Schwab International Dividend Equity ETF during the 4th quarter valued at about $54,000. Finally, Assetmark Inc. grew its stake in Schwab International Dividend Equity ETF by 175.8% during the fourth quarter. Assetmark Inc. now owns 2,071 shares of the company’s stock worth $62,000 after purchasing an additional 1,320 shares during the period.

Schwab International Dividend Equity ETF Trading Down 0.1%

NYSEARCA:SCHY traded down $0.03 during trading hours on Tuesday, hitting $31.94. 1,279,494 shares of the company were exchanged, compared to its average volume of 766,504. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 14.06 and a beta of 0.57. Schwab International Dividend Equity ETF has a one year low of $22.97 and a one year high of $34.04. The company has a fifty day simple moving average of $31.72 and a 200 day simple moving average of $29.73.

Schwab International Dividend Equity ETF Company Profile

The Schwab International Dividend Equity ETF (SCHY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a modified market-cap-weighted index of 100 high-dividend-yielding stocks located outside of the US. Stocks are selected based on additional fundamental criteria and low volatility. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.