Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Update

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 248,684 shares, an increase of 348.5% from the December 15th total of 55,442 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,948,195 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 1,948,195 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE traded up $0.07 during mid-day trading on Wednesday, reaching $34.21. 1,640,801 shares of the stock were exchanged, compared to its average volume of 1,492,733. The company has a 50 day moving average price of $33.23 and a two-hundred day moving average price of $32.48. The stock has a market capitalization of $11.98 billion, a PE ratio of 15.58 and a beta of 0.54. Schwab Emerging Markets Equity ETF has a 1 year low of $24.11 and a 1 year high of $34.54.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SCHE. Brighton Jones LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 32.7% during the 4th quarter. Brighton Jones LLC now owns 45,387 shares of the company’s stock worth $1,209,000 after acquiring an additional 11,195 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 18.4% in the first quarter. AQR Capital Management LLC now owns 14,060 shares of the company’s stock worth $388,000 after buying an additional 2,190 shares in the last quarter. Modern Wealth Management LLC purchased a new stake in Schwab Emerging Markets Equity ETF in the 1st quarter worth approximately $454,000. Heartwood Wealth Advisors LLC increased its holdings in shares of Schwab Emerging Markets Equity ETF by 0.4% in the second quarter. Heartwood Wealth Advisors LLC now owns 1,530,631 shares of the company’s stock worth $46,133,000 after purchasing an additional 6,722 shares during the period. Finally, Boltwood Capital Management increased its stake in Schwab Emerging Markets Equity ETF by 0.3% in the 2nd quarter. Boltwood Capital Management now owns 240,631 shares of the company’s stock worth $7,253,000 after acquiring an additional 672 shares during the last quarter.

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.