Short Interest in Schwab International Equity ETF (NYSEARCA:SCHF) Increases By 127.9%

Schwab International Equity ETF (NYSEARCA:SCHF) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 10,109,778 shares, an increase of 127.9% from the January 15th total of 4,435,381 shares. Based on an average daily volume of 13,251,856 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 13,251,856 shares, the short-interest ratio is currently 0.8 days.

Schwab International Equity ETF Price Performance

NYSEARCA:SCHF traded down $0.22 during trading hours on Thursday, reaching $26.40. 14,448,560 shares of the company traded hands, compared to its average volume of 12,780,626. The firm’s 50-day moving average is $24.76 and its 200-day moving average is $23.76. The stock has a market cap of $60.86 billion, a P/E ratio of 16.14 and a beta of 0.86. Schwab International Equity ETF has a 1-year low of $17.56 and a 1-year high of $26.74.

Institutional Investors Weigh In On Schwab International Equity ETF

Several hedge funds have recently modified their holdings of SCHF. Northwestern Mutual Wealth Management Co. boosted its position in Schwab International Equity ETF by 4.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock worth $7,157,992,000 after acquiring an additional 12,246,283 shares during the last quarter. Wealthfront Advisers LLC increased its stake in Schwab International Equity ETF by 1.4% in the fourth quarter. Wealthfront Advisers LLC now owns 111,479,482 shares of the company’s stock valued at $2,679,967,000 after purchasing an additional 1,497,065 shares during the last quarter. Corient Private Wealth LLC lifted its position in Schwab International Equity ETF by 94.7% during the second quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock worth $930,592,000 after buying an additional 20,481,030 shares during the period. HighTower Advisors LLC boosted its stake in Schwab International Equity ETF by 2.2% in the 3rd quarter. HighTower Advisors LLC now owns 22,411,217 shares of the company’s stock worth $521,733,000 after buying an additional 488,836 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its stake in Schwab International Equity ETF by 5.2% in the 2nd quarter. Wealthspire Advisors LLC now owns 21,525,356 shares of the company’s stock worth $475,710,000 after buying an additional 1,065,094 shares during the last quarter.

Schwab International Equity ETF Company Profile

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.