Schwab International Equity ETF (NYSEARCA:SCHF) Sees Significant Increase in Short Interest

Schwab International Equity ETF (NYSEARCA:SCHF) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 10,044,488 shares, a growth of 306.2% from the April 15th total of 2,473,060 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 8,902,435 shares, the days-to-cover ratio is presently 1.1 days.

Schwab International Equity ETF Trading Down 2.1%

Schwab International Equity ETF stock traded down $0.58 during midday trading on Friday, hitting $26.70. The stock had a trading volume of 7,435,699 shares, compared to its average volume of 12,011,785. The firm’s fifty day moving average is $25.75 and its two-hundred day moving average is $25.09. The company has a market capitalization of $63.29 billion, a PE ratio of 16.14 and a beta of 0.82. Schwab International Equity ETF has a 52-week low of $21.07 and a 52-week high of $27.46.

Hedge Funds Weigh In On Schwab International Equity ETF

Several hedge funds have recently modified their holdings of the stock. Bush Investment Group LLC grew its holdings in shares of Schwab International Equity ETF by 7.1% in the third quarter. Bush Investment Group LLC now owns 1,018,356 shares of the company’s stock valued at $23,707,000 after purchasing an additional 67,912 shares in the last quarter. Bright Futures Wealth Management LLC. purchased a new position in shares of Schwab International Equity ETF in the third quarter valued at $436,000. Blackhawk Capital Partners LLC grew its holdings in shares of Schwab International Equity ETF by 141.3% in the third quarter. Blackhawk Capital Partners LLC now owns 145,628 shares of the company’s stock valued at $3,390,000 after purchasing an additional 85,268 shares in the last quarter. Genesis Private Wealth LLC grew its holdings in shares of Schwab International Equity ETF by 11.3% in the fourth quarter. Genesis Private Wealth LLC now owns 292,089 shares of the company’s stock valued at $7,022,000 after purchasing an additional 29,630 shares in the last quarter. Finally, Aspiriant LLC purchased a new position in shares of Schwab International Equity ETF in the third quarter valued at $636,000.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.