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

Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 400 shares, a drop of 50.1% from the April 30th total of 801 shares. Based on an average daily volume of 1,946 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Schwab Ariel Opportunities ETF

A number of institutional investors have recently modified their holdings of SAEF. WFA of San Diego LLC bought a new position in shares of Schwab Ariel Opportunities ETF in the second quarter valued at approximately $49,000. Flow Traders U.S. LLC raised its position in shares of Schwab Ariel Opportunities ETF by 89.8% in the third 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 during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Schwab Ariel Opportunities ETF by 4.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 281,343 shares of the company’s stock valued at $8,022,000 after purchasing an additional 11,972 shares during the period.

Schwab Ariel Opportunities ETF Stock Up 0.5%

Shares of NYSEARCA:SAEF traded up $0.16 during trading on Monday, reaching $30.14. The stock had a trading volume of 325 shares, compared to its average volume of 3,107. Schwab Ariel Opportunities ETF has a 52 week low of $24.06 and a 52 week high of $30.53. The firm has a market capitalization of $25.02 million, a price-to-earnings ratio of 18.79 and a beta of 1.17. The stock has a fifty day simple moving average of $28.90 and a two-hundred day simple moving average of $28.41.

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.