Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Up 75.0% in June

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,746,382 shares, an increase of 75.0% from the May 31st total of 997,799 shares. Based on an average daily volume of 3,489,143 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC raised its stake in Schwab Emerging Markets Equity ETF by 176.4% during the 2nd quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after purchasing an additional 1,679,145 shares during the last quarter. 93 Financial Group LLC acquired a new position in Schwab Emerging Markets Equity ETF in the 4th quarter valued at approximately $21,134,000. Waverly Advisors LLC grew its holdings in shares of Schwab Emerging Markets Equity ETF by 105.8% during the 1st quarter. Waverly Advisors LLC now owns 1,042,983 shares of the company’s stock worth $34,366,000 after purchasing an additional 536,116 shares in the last quarter. Fund Evaluation Group LLC lifted its position in Schwab Emerging Markets Equity ETF by 44.8% in the fourth quarter. Fund Evaluation Group LLC now owns 1,269,800 shares of the company’s stock worth $41,586,000 after purchasing an additional 393,094 shares during the period. Finally, DRW Securities LLC boosted its stake in Schwab Emerging Markets Equity ETF by 2,086.0% during the fourth quarter. DRW Securities LLC now owns 411,908 shares of the company’s stock worth $13,490,000 after buying an additional 393,065 shares in the last quarter.

Schwab Emerging Markets Equity ETF Stock Down 0.4%

Shares of SCHE stock opened at $35.85 on Friday. Schwab Emerging Markets Equity ETF has a 12 month low of $30.07 and a 12 month high of $37.40. The company has a market cap of $12.49 billion, a PE ratio of 15.58 and a beta of 0.58. The business’s 50 day moving average is $36.07 and its two-hundred day moving average is $34.69.

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.