Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Up 161.6% in July

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 4,496,963 shares, an increase of 161.6% from the June 30th total of 1,718,973 shares. Based on an average daily trading volume, of 3,054,556 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.3% of the shares of the stock are short sold.

Schwab Emerging Markets Equity ETF Price Performance

NYSEARCA:SCHE traded up $0.26 during trading hours on Monday, hitting $35.65. The company’s stock had a trading volume of 2,735,454 shares, compared to its average volume of 2,752,034. Schwab Emerging Markets Equity ETF has a twelve month low of $30.20 and a twelve month high of $37.40. The stock has a fifty day simple moving average of $36.04 and a 200-day simple moving average of $35.07. The company has a market capitalization of $12.45 billion, a P/E ratio of 15.58 and a beta of 0.58.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

A number of hedge funds have recently made changes to their positions in SCHE. Stonekeep Investments LLC grew its holdings in shares of Schwab Emerging Markets Equity ETF by 0.7% during the 2nd quarter. Stonekeep Investments LLC now owns 114,773 shares of the company’s stock valued at $4,162,000 after purchasing an additional 766 shares during the last quarter. Charles Schwab Trust Co boosted its position in Schwab Emerging Markets Equity ETF by 138.7% in the second quarter. Charles Schwab Trust Co now owns 1,651,919 shares of the company’s stock valued at $59,899,000 after buying an additional 959,875 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in Schwab Emerging Markets Equity ETF in the second quarter valued at approximately $242,000. Focus Financial Network Inc. boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 5.9% during the 2nd quarter. Focus Financial Network Inc. now owns 70,319 shares of the company’s stock valued at $2,550,000 after acquiring an additional 3,937 shares in the last quarter. Finally, Sax Wealth Advisors LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 167.2% during the 2nd quarter. Sax Wealth Advisors LLC now owns 32,684 shares of the company’s stock valued at $1,185,000 after acquiring an additional 20,450 shares in the last quarter.

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.