Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) Short Interest Update

Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 3 shares, a drop of 99.4% from the June 15th total of 533 shares. Based on an average daily volume of 3,680 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Schwab Ariel Opportunities ETF Price Performance

Shares of SAEF traded up $0.14 during midday trading on Friday, reaching $31.30. The stock had a trading volume of 2,432 shares, compared to its average volume of 4,048. The company has a market capitalization of $25.98 million, a P/E ratio of 18.79 and a beta of 1.14. The firm’s 50 day moving average price is $30.38 and its 200-day moving average price is $29.29. Schwab Ariel Opportunities ETF has a 52 week low of $25.16 and a 52 week high of $32.37.

Institutional Investors Weigh In On Schwab Ariel Opportunities ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Flow Traders U.S. LLC boosted its position in shares of Schwab Ariel Opportunities ETF by 89.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 17,126 shares of the company’s stock valued at $479,000 after purchasing an additional 8,104 shares in the last quarter. WFA of San Diego LLC acquired a new position in shares of Schwab Ariel Opportunities ETF in the 2nd quarter worth approximately $49,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Schwab Ariel Opportunities ETF by 4.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 281,343 shares of the company’s stock worth $8,022,000 after purchasing an additional 11,972 shares in the last quarter.

About Schwab Ariel Opportunities ETF

The Schwab Ariel ESG ETF (SAEF) is an exchange-traded fund that is based on the Russell 2500 index. The fund is an actively-managed, non-transparent ETF that holds a portfolio of small- and mid-cap US firms screened for ESG criteria. The fund utilizes the Natixis\u002FNYSE non-transparent model. SAEF was launched on Nov 16, 2021 and is managed by Charles Schwab.