Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sees Large Growth in Short Interest

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

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 32.7% in the 4th quarter. Brighton Jones LLC now owns 45,387 shares of the company’s stock valued at $1,209,000 after purchasing an additional 11,195 shares during the period. AQR Capital Management LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 18.4% during the first quarter. AQR Capital Management LLC now owns 14,060 shares of the company’s stock worth $388,000 after buying an additional 2,190 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of Schwab Emerging Markets Equity ETF by 183.1% during the second quarter. Russell Investments Group Ltd. now owns 1,778 shares of the company’s stock worth $54,000 after buying an additional 1,150 shares in the last quarter. Baird Financial Group Inc. raised its position in Schwab Emerging Markets Equity ETF by 5.7% in the 2nd quarter. Baird Financial Group Inc. now owns 24,826 shares of the company’s stock valued at $748,000 after buying an additional 1,328 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in Schwab Emerging Markets Equity ETF in the 2nd quarter valued at approximately $393,000.

Schwab Emerging Markets Equity ETF Price Performance

SCHE traded down $0.29 during trading on Tuesday, reaching $35.36. The company had a trading volume of 3,654,425 shares, compared to its average volume of 2,758,392. The company has a market cap of $12.34 billion, a P/E ratio of 15.58 and a beta of 0.58. Schwab Emerging Markets Equity ETF has a 12 month low of $30.20 and a 12 month high of $37.40. The business’s fifty day moving average price is $36.05 and its 200 day moving average price is $35.09.

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.