Schwab U.S. REIT ETF (NYSEARCA:SCHH) Sees Significant Increase in Short Interest

Schwab U.S. REIT ETF (NYSEARCA:SCHH) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 2,145,227 shares, a growth of 105.3% from the January 29th total of 1,044,980 shares. Based on an average daily volume of 9,864,950 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 9,864,950 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Schwab U.S. REIT ETF

Hedge funds have recently bought and sold shares of the company. Dumac Inc. purchased a new position in shares of Schwab U.S. REIT ETF in the fourth quarter worth approximately $163,918,000. Financial Engines Advisors L.L.C. boosted its stake 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 period. US Bancorp DE boosted its stake 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 period. BNP Paribas Financial Markets grew its position in Schwab U.S. REIT ETF by 420.2% during 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 in the last quarter. Finally, M&T Bank Corp acquired a new stake in Schwab U.S. REIT ETF during the 4th quarter valued at $21,860,000.

Schwab U.S. REIT ETF Trading Up 0.7%

Shares of NYSEARCA SCHH traded up $0.17 during mid-day trading on Friday, reaching $23.15. The company had a trading volume of 5,092,332 shares, compared to its average volume of 8,920,057. The company has a 50-day moving average price of $21.63 and a two-hundred day moving average price of $21.42. The stock has a market cap of $9.85 billion, a PE ratio of 34.50 and a beta of 0.99. Schwab U.S. REIT ETF has a 1-year low of $18.25 and a 1-year high of $23.21.

About Schwab U.S. REIT ETF

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.