Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Sees Significant Increase in Short Interest

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 1,067,633 shares, a growth of 77.4% from the June 30th total of 601,664 shares. Based on an average trading volume of 369,308 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.0% of the company’s stock are sold short.

Schwab International Small-Cap Equity ETF Trading Up 2.6%

NYSEARCA:SCHC traded up $1.22 on Thursday, hitting $48.54. 207,534 shares of the company’s stock traded hands, compared to its average volume of 447,657. Schwab International Small-Cap Equity ETF has a 1 year low of $42.16 and a 1 year high of $51.78. The firm has a 50-day moving average price of $48.88 and a 200-day moving average price of $48.93. The company has a market cap of $5.42 billion, a PE ratio of 16.25 and a beta of 0.91.

Institutional Trading of Schwab International Small-Cap Equity ETF

Institutional investors have recently made changes to their positions in the stock. Cassaday & Co Wealth Management LLC purchased a new position in Schwab International Small-Cap Equity ETF during the first quarter valued at approximately $25,000. Activest Wealth Management purchased a new stake in Schwab International Small-Cap Equity ETF in the 4th quarter worth approximately $28,000. Independence Bank of Kentucky acquired a new stake in shares of Schwab International Small-Cap Equity ETF during the 4th quarter valued at $31,000. IMG Wealth Management Inc. acquired a new stake in shares of Schwab International Small-Cap Equity ETF during the 4th quarter valued at $31,000. Finally, Palisade Asset Management LLC purchased a new position in shares of Schwab International Small-Cap Equity ETF during the 3rd quarter valued at $31,000.

Schwab International Small-Cap Equity ETF Company Profile

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.