Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Up 75.0% in June

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,746,382 shares, a growth of 75.0% from the May 31st total of 997,799 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 3,489,143 shares, the short-interest ratio is currently 0.5 days.

Schwab Emerging Markets Equity ETF Stock Performance

SCHE opened at $35.85 on Friday. Schwab Emerging Markets Equity ETF has a fifty-two week low of $30.07 and a fifty-two week high of $37.40. The firm’s fifty day moving average is $36.08 and its 200 day moving average is $34.70. The stock has a market cap of $12.49 billion, a price-to-earnings ratio of 15.58 and a beta of 0.58.

Institutional Investors Weigh In On Schwab Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SCHE. Corient Private Wealth LLC boosted its stake in shares of Schwab Emerging Markets Equity ETF by 176.4% in the second quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock worth $79,305,000 after acquiring an additional 1,679,145 shares during the period. 93 Financial Group LLC bought a new stake in Schwab Emerging Markets Equity ETF during the 4th quarter valued at approximately $21,134,000. Waverly Advisors LLC lifted its holdings in Schwab Emerging Markets Equity ETF by 105.8% in the 1st quarter. Waverly Advisors LLC now owns 1,042,983 shares of the company’s stock worth $34,366,000 after purchasing an additional 536,116 shares in the last quarter. Fund Evaluation Group LLC boosted its stake in Schwab Emerging Markets Equity ETF by 44.8% in the 4th quarter. Fund Evaluation Group LLC now owns 1,269,800 shares of the company’s stock worth $41,586,000 after purchasing an additional 393,094 shares during the period. Finally, DRW Securities LLC grew its holdings in Schwab Emerging Markets Equity ETF by 2,086.0% during the 4th quarter. DRW Securities LLC now owns 411,908 shares of the company’s stock valued at $13,490,000 after buying an additional 393,065 shares in the last quarter.

Schwab Emerging Markets Equity ETF Company Profile

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.