Short Interest in Schwab International Equity ETF (NYSEARCA:SCHF) Declines By 32.1%

Schwab International Equity ETF (NYSEARCA:SCHF) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 6,866,621 shares, a decline of 32.1% from the January 29th total of 10,109,778 shares. Based on an average daily trading volume, of 14,667,293 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 14,667,293 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Friday Financial grew its holdings in Schwab International Equity ETF by 77.3% in the 3rd quarter. Friday Financial now owns 262,700 shares of the company’s stock worth $6,116,000 after acquiring an additional 114,515 shares during the last quarter. Blackhawk Capital Partners LLC grew its stake in shares of Schwab International Equity ETF by 141.3% in the third quarter. Blackhawk Capital Partners LLC now owns 145,628 shares of the company’s stock worth $3,390,000 after purchasing an additional 85,268 shares during the last quarter. Alpha Cubed Investments LLC bought a new stake in shares of Schwab International Equity ETF in the second quarter worth about $253,000. Barnes Pettey Financial Advisors LLC purchased a new position in Schwab International Equity ETF during the 2nd quarter valued at about $212,000. Finally, Noble Family Wealth LLC raised its position in Schwab International Equity ETF by 3.7% during the 3rd quarter. Noble Family Wealth LLC now owns 853,138 shares of the company’s stock valued at $19,861,000 after purchasing an additional 30,091 shares during the last quarter.

Schwab International Equity ETF Price Performance

Shares of NYSEARCA:SCHF traded down $0.04 during trading on Friday, hitting $27.03. 16,438,126 shares of the company were exchanged, compared to its average volume of 12,747,769. The company has a market cap of $62.31 billion, a PE ratio of 16.14 and a beta of 0.86. Schwab International Equity ETF has a 52-week low of $17.56 and a 52-week high of $27.17. The stock has a 50 day moving average of $25.43 and a 200 day moving average of $24.14.

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.