Short Interest in Schwab International Equity ETF (NYSEARCA:SCHF) Drops By 44.6%

Schwab International Equity ETF (NYSEARCA:SCHF) saw a large drop in short interest in 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 company’s stock are sold short. Based on an average trading volume of 7,730,034 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Schwab International Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA bought a new position in Schwab International Equity ETF during the 4th quarter worth approximately $25,000. Costello Asset Management INC lifted its stake in Schwab International Equity ETF by 281.7% during the first quarter. Costello Asset Management INC now owns 1,084 shares of the company’s stock worth $27,000 after purchasing an additional 800 shares during the last quarter. Byrne Asset Management LLC acquired a new position in Schwab International Equity ETF in the second quarter worth $31,000. Frazier Financial Advisors LLC boosted its holdings in Schwab International Equity ETF by 288.0% in the first quarter. Frazier Financial Advisors LLC now owns 1,133 shares of the company’s stock worth $28,000 after purchasing an additional 841 shares during the period. Finally, CNB Bank bought a new stake in Schwab International Equity ETF during the fourth quarter valued at $27,000.

Schwab International Equity ETF Stock Up 3.2%

Shares of SCHF traded up $0.85 during midday trading on Thursday, hitting $27.59. The company had a trading volume of 9,652,431 shares, compared to its average volume of 10,558,082. The company’s 50 day moving average price is $27.47 and its 200 day moving average price is $26.42. The stock has a market cap of $67.14 billion, a price-to-earnings ratio of 16.14 and a beta of 0.82. Schwab International Equity ETF has a 52 week low of $21.57 and a 52 week high of $28.41.

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.