Schwab International Equity ETF (NYSEARCA:SCHF) Short Interest Update

Schwab International Equity ETF (NYSEARCA:SCHF) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,095,038 shares, a drop of 44.6% from the June 30th total of 7,388,516 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 7,730,034 shares, the short-interest ratio is presently 0.5 days.

Schwab International Equity ETF Stock Performance

NYSEARCA:SCHF traded down $0.16 during mid-day trading on Friday, hitting $27.43. 8,361,206 shares of the stock were exchanged, compared to its average volume of 10,542,937. Schwab International Equity ETF has a fifty-two week low of $21.57 and a fifty-two week high of $28.41. The stock has a market capitalization of $66.75 billion, a price-to-earnings ratio of 16.14 and a beta of 0.82. The firm’s 50-day simple moving average is $27.48 and its 200 day simple moving average is $26.45.

Institutional Investors Weigh In On Schwab International Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SCHF. Corient Private Wealth LLC boosted its position in Schwab International Equity ETF by 94.7% during the 2nd quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock worth $930,592,000 after buying an additional 20,481,030 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Schwab International Equity ETF by 4.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock worth $7,157,992,000 after purchasing an additional 12,246,283 shares during the period. Morgan Stanley grew its position in shares of Schwab International Equity ETF by 79.4% during the 4th quarter. Morgan Stanley now owns 18,928,150 shares of the company’s stock worth $455,033,000 after buying an additional 8,376,473 shares during the period. Valpey Financial Services LLC increased its stake in Schwab International Equity ETF by 2,277.5% in the fourth quarter. Valpey Financial Services LLC now owns 5,317,481 shares of the company’s stock valued at $127,832,000 after purchasing an additional 5,093,825 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its position in Schwab International Equity ETF by 4.4% in the 1st quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock valued at $2,879,366,000 after buying an additional 4,858,558 shares in the last quarter.

Schwab International Equity ETF Company Profile

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.