Short Interest in Schwab U.S. REIT ETF (NYSEARCA:SCHH) Increases By 112.6%

Schwab U.S. REIT ETF (NYSEARCA:SCHH) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 2,515,403 shares, an increase of 112.6% from the March 31st total of 1,183,035 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 8,105,958 shares, the short-interest ratio is currently 0.3 days.

Schwab U.S. REIT ETF Price Performance

Schwab U.S. REIT ETF stock traded down $0.05 during mid-day trading on Friday, hitting $23.10. The company’s stock had a trading volume of 3,945,789 shares, compared to its average volume of 9,627,186. The firm’s 50 day moving average is $22.44 and its 200 day moving average is $21.70. The company has a market cap of $9.80 billion, a PE ratio of 34.50 and a beta of 0.98. Schwab U.S. REIT ETF has a 52-week low of $20.50 and a 52-week high of $23.50.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SCHH. Dumac Inc. acquired a new position in Schwab U.S. REIT ETF in the 4th quarter worth about $163,918,000. Financial Engines Advisors L.L.C. increased its position in Schwab U.S. REIT ETF by 5.2% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock worth $1,254,245,000 after purchasing an additional 2,964,924 shares during the last quarter. US Bancorp DE increased its position in Schwab U.S. REIT ETF by 5.0% in the 3rd quarter. US Bancorp DE now owns 32,078,890 shares of the company’s stock worth $691,948,000 after purchasing an additional 1,537,663 shares during the last quarter. BNP Paribas Financial Markets increased its position in Schwab U.S. REIT ETF by 420.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,734,132 shares of the company’s stock worth $37,405,000 after purchasing an additional 1,400,776 shares during the last quarter. Finally, M&T Bank Corp acquired a new position in Schwab U.S. REIT ETF in the 4th quarter worth about $21,860,000.

Schwab U.S. REIT ETF Company Profile

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.