Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Sees Significant Increase in Short Interest

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 270,321 shares, a growth of 28.7% from the February 26th total of 210,049 shares. Based on an average trading volume of 3,503,960 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Several institutional investors have recently added to or reduced their stakes in SCHE. PFS Partners LLC acquired a new position in Schwab Emerging Markets Equity ETF in the third quarter valued at about $25,000. Lodestone Wealth Management LLC bought a new position in shares of Schwab Emerging Markets Equity ETF in the fourth quarter valued at approximately $28,000. Financial Consulate Inc. raised its stake in shares of Schwab Emerging Markets Equity ETF by 222.7% in the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after acquiring an additional 599 shares during the last quarter. Morton Brown Family Wealth LLC boosted its holdings in shares of Schwab Emerging Markets Equity ETF by 122.2% in the 3rd quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after acquiring an additional 490 shares in the last quarter. Finally, Oak Harbor Wealth Partners LLC grew its position in Schwab Emerging Markets Equity ETF by 2,042.2% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock worth $32,000 after acquiring an additional 919 shares during the last quarter.

Schwab Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA SCHE opened at $32.95 on Wednesday. Schwab Emerging Markets Equity ETF has a 52-week low of $24.11 and a 52-week high of $36.00. The business has a fifty day moving average of $34.21 and a two-hundred day moving average of $33.68. The stock has a market cap of $11.54 billion, a PE ratio of 15.58 and a beta of 0.54.

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.