Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sees Large Increase in Short Interest

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 4,496,963 shares, a growth of 161.6% from the June 30th total of 1,718,973 shares. Based on an average daily volume of 3,054,556 shares, the short-interest ratio is presently 1.5 days. Currently, 1.3% of the company’s stock are sold short.

Schwab Emerging Markets Equity ETF Trading Down 1.2%

Shares of NYSEARCA:SCHE traded down $0.44 on Wednesday, hitting $34.92. 878,660 shares of the company were exchanged, compared to its average volume of 2,742,104. The stock’s 50 day moving average price is $36.05 and its 200 day moving average price is $35.09. The firm has a market capitalization of $12.19 billion, a P/E ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a 1-year low of $30.20 and a 1-year high of $37.40.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Large investors have recently bought and sold shares of the business. Signature Estate & Investment Advisors LLC raised its holdings in shares of Schwab Emerging Markets Equity ETF by 1.7% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 17,211 shares of the company’s stock valued at $564,000 after acquiring an additional 290 shares during the last quarter. Kearns & Associates LLC lifted its position in Schwab Emerging Markets Equity ETF by 1.2% in the first quarter. Kearns & Associates LLC now owns 26,148 shares of the company’s stock valued at $862,000 after acquiring an additional 300 shares during the last quarter. ACT Wealth Management LLC increased its position in Schwab Emerging Markets Equity ETF by 1.9% during the second quarter. ACT Wealth Management LLC now owns 16,953 shares of the company’s stock worth $615,000 after buying an additional 308 shares during the period. Sigma Investment Counselors Inc. lifted its stake in Schwab Emerging Markets Equity ETF by 3.1% in the fourth quarter. Sigma Investment Counselors Inc. now owns 10,668 shares of the company’s stock valued at $349,000 after buying an additional 324 shares during the last quarter. Finally, Brandywine Oak Private Wealth LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 0.3% in the fourth quarter. Brandywine Oak Private Wealth LLC now owns 110,895 shares of the company’s stock valued at $3,632,000 after acquiring an additional 338 shares during the period.

About Schwab Emerging Markets Equity ETF

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.