Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Short Interest Down 45.8% in August

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 667,294 shares, a decline of 45.8% from the July 30th total of 1,231,150 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 302,542 shares, the short-interest ratio is currently 2.2 days.

Schwab International Small-Cap Equity ETF Price Performance

Shares of NYSEARCA SCHC traded down $0.17 during trading hours on Monday, hitting $51.32. 212,328 shares of the company’s stock were exchanged, compared to its average volume of 427,942. Schwab International Small-Cap Equity ETF has a 1-year low of $43.45 and a 1-year high of $52.12. The stock has a market capitalization of $5.73 billion, a price-to-earnings ratio of 16.25 and a beta of 0.91. The company’s 50-day moving average price is $49.26 and its 200-day moving average price is $49.27.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Schwab International Small-Cap Equity ETF in the first quarter worth $25,000. Activest Wealth Management acquired a new position in Schwab International Small-Cap Equity ETF during the 4th quarter valued at $28,000. IMG Wealth Management Inc. acquired a new position in Schwab International Small-Cap Equity ETF during the 4th quarter valued at $31,000. Palisade Asset Management LLC bought a new stake in Schwab International Small-Cap Equity ETF in the 3rd quarter valued at $31,000. Finally, Whittier Trust Co. boosted its holdings in Schwab International Small-Cap Equity ETF by 100.0% in the 1st quarter. Whittier Trust Co. now owns 684 shares of the company’s stock valued at $32,000 after purchasing an additional 342 shares during the period.

Schwab International Small-Cap Equity ETF Company Profile

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.