Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Short Interest Down 77.0% in February

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 207,905 shares, a drop of 77.0% from the February 12th total of 905,584 shares. Based on an average daily volume of 769,733 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 769,733 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Corient Private Wealth LLC bought a new stake in shares of Schwab International Dividend Equity ETF during the 4th quarter valued at approximately $246,000. Mengis Capital Management Inc. lifted its stake in Schwab International Dividend Equity ETF by 17.4% in the 4th quarter. Mengis Capital Management Inc. now owns 18,130 shares of the company’s stock valued at $541,000 after purchasing an additional 2,681 shares during the last quarter. Strategic Investment Solutions Inc. IL lifted its stake in Schwab International Dividend Equity ETF by 95.6% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 2,373 shares of the company’s stock valued at $71,000 after purchasing an additional 1,160 shares during the last quarter. Anchor Investment Management LLC boosted its position in Schwab International Dividend Equity ETF by 12.4% in the fourth quarter. Anchor Investment Management LLC now owns 2,854 shares of the company’s stock valued at $85,000 after buying an additional 314 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. boosted its position in Schwab International Dividend Equity ETF by 54.1% in the fourth quarter. Astoria Portfolio Advisors LLC. now owns 49,118 shares of the company’s stock valued at $1,465,000 after buying an additional 17,249 shares in the last quarter.

Schwab International Dividend Equity ETF Price Performance

Shares of SCHY stock traded down $0.03 on Tuesday, hitting $31.94. 1,279,494 shares of the company’s stock were exchanged, compared to its average volume of 766,504. Schwab International Dividend Equity ETF has a 12 month low of $22.97 and a 12 month high of $34.04. The stock has a market cap of $1.93 billion, a P/E ratio of 14.06 and a beta of 0.57. The company has a 50 day moving average of $31.72 and a 200 day moving average of $29.73.

Schwab International Dividend Equity ETF Company Profile

The Schwab International Dividend Equity ETF (SCHY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a modified market-cap-weighted index of 100 high-dividend-yielding stocks located outside of the US. Stocks are selected based on additional fundamental criteria and low volatility. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.